The National Basketball Association’s (NBA) China marketing plan was upended after the Houston Rockets’ general manager tweeted a message supporting Hong Kong protesters. Pictured is an NBA promotional banner being removed in Shanghai on October 9. Photo: AFP

China’s US trade war charm offensive was meant to stop foreign investors from leaving, but is it working?

  • Insiders say Xi Jinping chose non-confrontational language to avoid ‘trap’ of lashing out at US businesses set by ‘trade hawks in Washington’
  • But China faces uphill battle to hold on to foreign investors, with NBA crisis example of Beijing using economic clout to secure political goals
Topic |   US-China trade war

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The National Basketball Association’s (NBA) China marketing plan was upended after the Houston Rockets’ general manager tweeted a message supporting Hong Kong protesters. Pictured is an NBA promotional banner being removed in Shanghai on October 9. Photo: AFP
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.

Zhou Xin

Zhou Xin

Zhou Xin co-leads the political economy team at the Post. He mainly covers economic stories but also writes about Chinese politics and diplomacy. He has previously worked for Reuters and Bloomberg in Beijing.