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International

NBA suffers substantial losses over China dispute

October 21, 2019 Reprints

Adam Silver, head of the U.S. National Basketball Association, said that the NBA has suffered "substantial" losses after an online comment from a team executive prompted a crisis in its relations with China, BBC reported. The Chinese Basketball Association, Chinese sportswear brand Li-Ning Co. Ltd. and Shanghai Pudong Development Bank Co. Ltd. have suspended co-operation with U.S. basketball team Houston Rockets, whose manager tweeted support for protesters in Hong Kong.

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NBA suffers substantial losses over China dispute

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