U.S. Companies, NBA Caught Up in Hong Kong Protests

The video discusses the challenges American companies face due to the Hong Kong protests, highlighting the backlash and boycotts against brands like the NBA, Vans, and Starbucks. It explores the impact on major brands, including Levi Strauss and Prada, which have experienced store closures and declining sales. The video emphasizes the importance of the Chinese market for growth, noting the significant investment by companies and the complexities of navigating political sensitivities.

Which American company faced backlash for removing a design related to the Hong Kong protests?

• Adidas

• Reebok

• Nike

• Vans

What action did some luxury brands take due to the Hong Kong protests?

• Increased their marketing efforts

• Closed stores for safety reasons

• Launched new product lines

• Expanded their store locations

How many people in China were reported to watch NBA programming in 2018?

• 800 million

• 400 million

• 1 billion

• 600 million

Why is the Chinese market crucial for American companies?

• It offers a large growth potential

• It has fewer regulations

• It is less competitive

• It is closer geographically

What challenge do CEOs face when making decisions about the Hong Kong protests?

• Cultural differences

• Lack of information

• Being located far from the situation

• Limited financial resources