Lebron James says Rocket GM wasn't informed about Hong Kong

[squatz1]

Pretty interesting stuff here, seems like we're seeing some backtrack from people in the NBA as an attempt to 'kiss and make up' with China in order to get 'good' relations back with China.

I don't see how a US company, the NBA, feels as if this is so much of a threat that they're willing to let look the other way on people getting LITERALLY killed in the streets due to fighting for their freedom.

But if you read a little bit more, you find the reason into why he did this.

James has a lifetime endorsement deal with Nike, and China is the biggest source of growth for shoe companies. Nike recently announced its plans to release an apparel line based on the motto of James’s media company: “More Than an Athlete.”

Check it out: https://www.wsj.com/articles/lebron-james-says-tweet-supporting-hong-kong-protests-was-misinformed-11571107697?mod=hp_lead_pos9

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[Deathwing]

Either he was forced/instructed to say something like this by the NBA or he needs that sweet sweet sponsorship revenue. I don't understand why people would support China at this point after all the things we can see. I really like the Chinese but I feel bad for them when most of their news sources are censored.

[squatz1]

Either he was forced/instructed to say something like this by the NBA or he needs that sweet sweet sponsorship revenue. I don't understand why people would support China at this point after all the things we can see. I really like the Chinese but I feel bad for them when most of their news sources are censored.

I'm going to assume that Nike had instructed him to make a statement. I highly doubt the NBA would reach out to him, and risk a potential issue of silencing certain players' opinion.

Chinese people are great, though they are in a horrible situation with a government who wants to control every single thing that they do. HK fears that they're going to be under the same control as the Chinese people, which is why they're fighting to hard to ensure this isn't their future.

The Chinese government is horrible, they are oppressive to their people and they're willing to LITERALLY kill their own people in the streets to continue their control. Hopefully the world steps up and ignores the business considerations and notices that what China is doing isn't okay.

[Naida_BR]

Pretty interesting stuff here, seems like we're seeing some backtrack from people in the NBA as an attempt to 'kiss and make up' with China in order to get 'good' relations back with China.

I don't see how a US company, the NBA, feels as if this is so much of a threat that they're willing to let look the other way on people getting LITERALLY killed in the streets due to fighting for their freedom.

But if you read a little bit more, you find the reason into why he did this.

James has a lifetime endorsement deal with Nike, and China is the biggest source of growth for shoe companies. Nike recently announced its plans to release an apparel line based on the motto of James’s media company: “More Than an Athlete.”

Check it out: https://www.wsj.com/articles/lebron-james-says-tweet-supporting-hong-kong-protests-was-misinformed-11571107697?mod=hp_lead_pos9

Seems normal to make statements like this one.
Nike has a lot of profits from the products that are produced in the Chinese soil so they need to keep the bonds between US and China strong. And in order to do so, athletes like Lebron James is a great tool.

[squatz1]

Pretty interesting stuff here, seems like we're seeing some backtrack from people in the NBA as an attempt to 'kiss and make up' with China in order to get 'good' relations back with China.

I don't see how a US company, the NBA, feels as if this is so much of a threat that they're willing to let look the other way on people getting LITERALLY killed in the streets due to fighting for their freedom.

But if you read a little bit more, you find the reason into why he did this.

James has a lifetime endorsement deal with Nike, and China is the biggest source of growth for shoe companies. Nike recently announced its plans to release an apparel line based on the motto of James’s media company: “More Than an Athlete.”

Check it out: https://www.wsj.com/articles/lebron-james-says-tweet-supporting-hong-kong-protests-was-misinformed-11571107697?mod=hp_lead_pos9

Seems normal to make statements like this one.
Nike has a lot of profits from the products that are produced in the Chinese soil so they need to keep the bonds between US and China strong. And in order to do so, athletes like Lebron James is a great tool.

Normal? Yes.

Would Nike have dropped Lebron (Not even sure if they can) if he had actual made a public statement condeming the Chinese government and saying that he supports the protests that are pro democracy -- Probably not.

Think about that for a second.

Do you actually think that Nike would risk dropping Lebron james for the growth of the shoes market in China? No. Because they would lose the American market if it came out that they forced LEBRON JAMES THE KING OF BASKETBALL (and shoe sales) into going against innocent protesters in HK.

[Deathwing]

[snip]

Seems normal to make statements like this one.
Nike has a lot of profits from the products that are produced in the Chinese soil so they need to keep the bonds between US and China strong. And in order to do so, athletes like Lebron James is a great tool.

Normal? Yes.

Would Nike have dropped Lebron (Not even sure if they can) if he had actual made a public statement condeming the Chinese government and saying that he supports the protests that are pro democracy -- Probably not.

Think about that for a second.

Do you actually think that Nike would risk dropping Lebron james for the growth of the shoes market in China? No. Because they would lose the American market if it came out that they forced LEBRON JAMES THE KING OF BASKETBALL (and shoe sales) into going against innocent protesters in HK.

The United States only has a population of 327 million. China's latest recorded population is 1.327 billion. That's more than 4 times the population of the United States. More people = more feet = more sales. The reason most companies focus on China is based on this fact only. The potential of earning a lot of money. If everyone gave you 1 USD in the US, that would be 327 million. If everyone gave you Yuan worth 1 USD in China, that would be 1327 million (1.32 billion) dollars. It's huge. Especially for a shoe company which everyone, in the end, has to buy.

[coins4commies]

A lady was killed in her home in the US for doing nothing but players can't actively protest the United States without being basically banished like Kaepernick.  They haven't.   Theres a double standard towards China. DC wants to be a State. California wants to be independent.  Just because people have demands and governments don't meet them, doesn't mean everyone should blindly support that movement.  Its not that simple.  The NBA is a business not a political organization.

[squatz1]

[snip]

Seems normal to make statements like this one.
Nike has a lot of profits from the products that are produced in the Chinese soil so they need to keep the bonds between US and China strong. And in order to do so, athletes like Lebron James is a great tool.

Normal? Yes.

Would Nike have dropped Lebron (Not even sure if they can) if he had actual made a public statement condeming the Chinese government and saying that he supports the protests that are pro democracy -- Probably not.

Think about that for a second.

Do you actually think that Nike would risk dropping Lebron james for the growth of the shoes market in China? No. Because they would lose the American market if it came out that they forced LEBRON JAMES THE KING OF BASKETBALL (and shoe sales) into going against innocent protesters in HK.

The United States only has a population of 327 million. China's latest recorded population is 1.327 billion. That's more than 4 times the population of the United States. More people = more feet = more sales. The reason most companies focus on China is based on this fact only. The potential of earning a lot of money. If everyone gave you 1 USD in the US, that would be 327 million. If everyone gave you Yuan worth 1 USD in China, that would be 1327 million (1.32 billion) dollars. It's huge. Especially for a shoe company which everyone, in the end, has to buy.

The amount of people in China means nothing. Income levels and disposable income is what truly matters. Lets compare that.

Per Capita GDP China - $9,771
Per Capita GDP USA - $62,641

(Esimtates by the World Bank btw - http://statisticstimes.com/economy/united-states-vs-china-economy.php)

So yes, while the Chinese market is much larger in regards to total population it doesn't come close to the amount of income and then disposable income.

Going into a place like China isn't always easy as well -- there are already other Chinese companies present that are propped up by the Chinese gov.

What in gods name are you talking about regarding 1 Yuan and USD btw? Explain that a tad.

[Deathwing]

[snip]

snip

snip

The amount of people in China means nothing. Income levels and disposable income is what truly matters. Lets compare that.

Per Capita GDP China - $9,771
Per Capita GDP USA - $62,641

(Esimtates by the World Bank btw - http://statisticstimes.com/economy/united-states-vs-china-economy.php)

So yes, while the Chinese market is much larger in regards to total population it doesn't come close to the amount of income and then disposable income.

Going into a place like China isn't always easy as well -- there are already other Chinese companies present that are propped up by the Chinese gov.

What in gods name are you talking about regarding 1 Yuan and USD btw? Explain that a tad.

I am taking everything based on population, not income. China has a huge, huge, huge numbers of second and third-gen rich kids, also a fair amount of people who buy Nike's shoes.

"Nike is a brand of China, for China,” CEO Mark Parker said on the company’s Sept. 24 earnings call."

“Coming off of the FIBA World Cup in China, we are also excited about the energy around the basketball category in this geography, and globally, as we enter the new NBA season,” Parker said. He  gushed about the 70 percent year-over-year growth in digital sales in China, calling it “nothing short of extraordinary.”

Not all sales are based on GDP nor income. According to several sources, Nike for some reason does not even release their China sales numbers publicly.

[coins4commies]

[snip]

Seems normal to make statements like this one.
Nike has a lot of profits from the products that are produced in the Chinese soil so they need to keep the bonds between US and China strong. And in order to do so, athletes like Lebron James is a great tool.

Normal? Yes.

Would Nike have dropped Lebron (Not even sure if they can) if he had actual made a public statement condeming the Chinese government and saying that he supports the protests that are pro democracy -- Probably not.

Think about that for a second.

Do you actually think that Nike would risk dropping Lebron james for the growth of the shoes market in China? No. Because they would lose the American market if it came out that they forced LEBRON JAMES THE KING OF BASKETBALL (and shoe sales) into going against innocent protesters in HK.

The United States only has a population of 327 million. China's latest recorded population is 1.327 billion. That's more than 4 times the population of the United States. More people = more feet = more sales. The reason most companies focus on China is based on this fact only. The potential of earning a lot of money. If everyone gave you 1 USD in the US, that would be 327 million. If everyone gave you Yuan worth 1 USD in China, that would be 1327 million (1.32 billion) dollars. It's huge. Especially for a shoe company which everyone, in the end, has to buy.

The amount of people in China means nothing. Income levels and disposable income is what truly matters. Lets compare that.

Per Capita GDP China - $9,771
Per Capita GDP USA - $62,641

(Esimtates by the World Bank btw - http://statisticstimes.com/economy/united-states-vs-china-economy.php)

So yes, while the Chinese market is much larger in regards to total population it doesn't come close to the amount of income and then disposable income.

Going into a place like China isn't always easy as well -- there are already other Chinese companies present that are propped up by the Chinese gov.

What in gods name are you talking about regarding 1 Yuan and USD btw? Explain that a tad.

its cute that you think gdp per capita represents income levels but you're going to be really upset when you find out that most of the income goes to a small percentage of people.  There are way more "middle class" people in China who have consumer income to buy small products Nike makes than there are in the US.   Theres around 400 million in China which is more than the entire US population. 

Bezos isn't going to buy as much nike products as millions of Chinese people with the same amount of money. 

[squatz1]

[snip]

Seems normal to make statements like this one.
Nike has a lot of profits from the products that are produced in the Chinese soil so they need to keep the bonds between US and China strong. And in order to do so, athletes like Lebron James is a great tool.

Normal? Yes.

Would Nike have dropped Lebron (Not even sure if they can) if he had actual made a public statement condeming the Chinese government and saying that he supports the protests that are pro democracy -- Probably not.

Think about that for a second.

Do you actually think that Nike would risk dropping Lebron james for the growth of the shoes market in China? No. Because they would lose the American market if it came out that they forced LEBRON JAMES THE KING OF BASKETBALL (and shoe sales) into going against innocent protesters in HK.

The United States only has a population of 327 million. China's latest recorded population is 1.327 billion. That's more than 4 times the population of the United States. More people = more feet = more sales. The reason most companies focus on China is based on this fact only. The potential of earning a lot of money. If everyone gave you 1 USD in the US, that would be 327 million. If everyone gave you Yuan worth 1 USD in China, that would be 1327 million (1.32 billion) dollars. It's huge. Especially for a shoe company which everyone, in the end, has to buy.

The amount of people in China means nothing. Income levels and disposable income is what truly matters. Lets compare that.

Per Capita GDP China - $9,771
Per Capita GDP USA - $62,641

(Esimtates by the World Bank btw - http://statisticstimes.com/economy/united-states-vs-china-economy.php)

So yes, while the Chinese market is much larger in regards to total population it doesn't come close to the amount of income and then disposable income.

Going into a place like China isn't always easy as well -- there are already other Chinese companies present that are propped up by the Chinese gov.

What in gods name are you talking about regarding 1 Yuan and USD btw? Explain that a tad.

its cute that you think gdp per capita represents income levels but you're going to be really upset when you find out that most of the income goes to a small percentage of people.  There are way more "middle class" people in China who have consumer income to buy small products Nike makes than there are in the US.   Theres around 400 million in China which is more than the entire US population. 

Bezos isn't going to buy as much nike products as millions of Chinese people with the same amount of money. 

Would you like the median per capita income? (If you didn't know, this is more resilient to outliers)

USA - $31,786
China - $4805


By the way, their are outliers in the US and in China.

Got it now?

[coins4commies]

[snip]

Seems normal to make statements like this one.
Nike has a lot of profits from the products that are produced in the Chinese soil so they need to keep the bonds between US and China strong. And in order to do so, athletes like Lebron James is a great tool.

Normal? Yes.

Would Nike have dropped Lebron (Not even sure if they can) if he had actual made a public statement condeming the Chinese government and saying that he supports the protests that are pro democracy -- Probably not.

Think about that for a second.

Do you actually think that Nike would risk dropping Lebron james for the growth of the shoes market in China? No. Because they would lose the American market if it came out that they forced LEBRON JAMES THE KING OF BASKETBALL (and shoe sales) into going against innocent protesters in HK.

The United States only has a population of 327 million. China's latest recorded population is 1.327 billion. That's more than 4 times the population of the United States. More people = more feet = more sales. The reason most companies focus on China is based on this fact only. The potential of earning a lot of money. If everyone gave you 1 USD in the US, that would be 327 million. If everyone gave you Yuan worth 1 USD in China, that would be 1327 million (1.32 billion) dollars. It's huge. Especially for a shoe company which everyone, in the end, has to buy.

The amount of people in China means nothing. Income levels and disposable income is what truly matters. Lets compare that.

Per Capita GDP China - $9,771
Per Capita GDP USA - $62,641

(Esimtates by the World Bank btw - http://statisticstimes.com/economy/united-states-vs-china-economy.php)

So yes, while the Chinese market is much larger in regards to total population it doesn't come close to the amount of income and then disposable income.

Going into a place like China isn't always easy as well -- there are already other Chinese companies present that are propped up by the Chinese gov.

What in gods name are you talking about regarding 1 Yuan and USD btw? Explain that a tad.

its cute that you think gdp per capita represents income levels but you're going to be really upset when you find out that most of the income goes to a small percentage of people.  There are way more "middle class" people in China who have consumer income to buy small products Nike makes than there are in the US.   Theres around 400 million in China which is more than the entire US population. 

Bezos isn't going to buy as much nike products as millions of Chinese people with the same amount of money. 

Would you like the median per capita income? (If you didn't know, this is more resilient to outliers)

USA - $31,786
China - $4805


By the way, their are outliers in the US and in China.

Got it now?

Well you are making progress but you are missing that the top 23 percentile of china is the size of the entire us population. You're also not accounting for factors that determine how extra money is used like how a person making 10x more isn't going to purchase 10x the amount of nike products.  Its more complicated of a question than you think but theres just a lot more total people in China who have access to buying a pair of shoes or shorts or shirt each year.

[TwitchySeal]

Well you are making progress but you are missing that the top 23 percentile of china is the size of the entire us population.

Is this your way of saying that the US population is 23% of Chinas?  (I think that's about right)  Don't understand the 'top' part though.  

Also, I don't think LeBron was programmed by anyone to say that.  I think he's just kinda of clueless about whats going on in the world, maybe heard a bad take from someone, and basically didn't think before speaking.

[coins4commies]

No, you have to understand the context of lebron's stance.  He went on a trip to china with plans to make appearances and do outreach in the community.  This tweet pulled the rug out from underneath everyone who was on that trip.  He had to answer for that tweet the whole trip and had many events pulled out from him.  Thousands of Chinese children missed out on opportunities all because someone selfishly tweeted something without considering the consequences and how other people would be affected.  

It was about the richest 23% of China.

[TwitchySeal]

No, you have to understand the context of lebron's stance.  He went on a trip to china with plans to make appearances and do outreach in the community.  This tweet pulled the rug out from underneath everyone who was on that trip.  He had to answer for that tweet the whole trip and had many events pulled out from him.  Thousands of Chinese children missed out on opportunities all because someone selfishly tweeted something without considering the consequences and how other people would be affected.  

Yeah, I get that that's why he was upset about the tweet.  But I don't think he really understood what was going on with Hong Kong.

It was about the richest 23% of China.

But, the poorest 23% of China also make up the entire US population.

[OgNasty]

LeBron was on his way to China to do a media tour.  He wasn't so much mad about the tweet as he was the timing because it messed up his annual China tour.

[Deathwing]

LeBron was on his way to China to do a media tour.  He wasn't so much mad about the tweet as he was the timing because it messed up his annual China tour.

Sweet sponsorship revenue it is then. And also, today I learned that LeBron James apparently has an "annual" China tour. Bet that brings in a lot of money.

[PrimeNumber7]

It is pretty clear he only cares about profits. James, via Nike wants to exploit the Chinese market to sell shoes. Nike can produce shoes for next to nothing via slave labor, and even though average per capita income is much lower in China, everyone needs shoes, and as such, they can sell shoes in China for a 'low' price, and still earn a lot of money.

Nike doesn't face any real consequences for pissing off Americans, and as such, they have no problem doing so, while pandering to the Chinese government.

[TwitchySeal]

It is pretty clear he only cares about profits. James, via Nike wants to exploit the Chinese market to sell shoes. Nike can produce shoes for next to nothing via slave labor, and even though average per capita income is much lower in China, everyone needs shoes, and as such, they can sell shoes in China for a 'low' price, and still earn a lot of money.

Nike doesn't face any real consequences for pissing off Americans, and as such, they have no problem doing so, while pandering to the Chinese government.

He's not a business man. He's a business, man.

[PrimeNumber7]

It is pretty clear he only cares about profits. James, via Nike wants to exploit the Chinese market to sell shoes. Nike can produce shoes for next to nothing via slave labor, and even though average per capita income is much lower in China, everyone needs shoes, and as such, they can sell shoes in China for a 'low' price, and still earn a lot of money.

Nike doesn't face any real consequences for pissing off Americans, and as such, they have no problem doing so, while pandering to the Chinese government.

He's not a business man. He's a business, man.

I don't think this should make a difference. In both cases, he should act ethically