The Brooklyn Nets play against the Los Angeles Lakers during the NBA China Games 2019 in Shenzhen. Credit: Color China Photo via AP
Basketball is back, with the NBA set to resume play in Orlando on Thursday. But the league’s largest overseas fanbase, in China, will have a tough time tuning in.
Following Houston Rockets general manager Daryl Morey’s October 2019 tweet in support of protests in Hong Kong, Chinese sponsors and the country's state broadcaster, CCTV, pulled their support for the league. Players, owners, and even Morey himself went into damage control immediately after, hoping to preserve one of the biggest cash cows for the Rockets — the former home of Chinese basketball star Yao Ming — and the league.
How is it that Chinese business interests came to hold such sway over a major U.S. sports league? This week we’re exploring the NBA’s Chinese subsidiary and the litany of business deals that have made it so valuable to the league.
The NBA has had a Chinese subsidiary for over a decade.
Basketball is big business in China, and it’s been growing steadily since the formation of NBA
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Did Eric Dai expose a Chinese scheme to steal critical military technology? Or did he steal millions of dollars from a Chinese company by exploiting geopolitical tensions? It's not entirely clear, but Dai's saga hits all the high notes of current U.S.-China tensions, including convoluted plots to illicitly acquire U.S. semiconductor technology and extraterritorial schemes to harass, intimidate and coerce the Chinese diaspora. What is clear is that, for Dai, who founded a successful Chinese investment firm but is now seeking asylum in the U.S., it feels like World War III.
The former National Intelligence Officer for East Asia talks about why engagement hasn’t failed, it just hasn’t succeeded yet; why strategic empathy is so hard to do; and why the U.S. needs an approach to...
