NBA suffers substantial losses over China dispute

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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