How long can the league maintain its juggling act of embracing progressive causes in the U.S. while turning a blind eye in China?
On Friday, Oct. 4, 2019, the official Weibo account of the Los Angeles Lakers posted a message teasing the team’s upcoming preseason games in Shanghai and Shenzhen, along with photos of the two cities’ skylines. “Welcome to China, Old James!” one Weibo user responded, using an affectionate name for Lakers star LeBron James. Others scrounged for tickets, which, given the wild popularity of the NBA and one of its most beloved teams in China, were selling for as much as $2,675.
That same
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For much of the past two decades, Europe's luxury market has counted on the ferocious appetite of Chinese consumers to bolster its bottom line. But foreign luxury brands are facing a reckoning in China. Not only is China’s economy entering a more uncertain phase, giving consumers pause, but homegrown designers and labels are also gaining ground. The questions now are which European brands can still rely on China, and how China's domestic designers can capture a share of the pie.
The Treasury’s top international official gives an inside-the-room account of the latest talks between Treasury Secretary Yellen and the Chinese leadership, including the U.S.’s efforts to get Beijing to address overcapacity and economic imbalances, how...
A podcast about how the two nations, once friends, are now foes.
Hear why things are so complicated now. Host Jane Perlez, former New York Times Beijing bureau chief, talks with diplomats, spies, cultural superstars like Yo Yo Ma, and more to understand why the dangers are so high, and why relations went awry.