But recent events may have changed that thinking for good, and raised a new question: Is doing business in China still worth it? Mark Dreyer, a sports analyst for China Sports Insider, based in Beijing, said the WTA’s standoff with China represented an escalation in the “them or us” mentality that appeared to be forming between China and its Western rivals. “Frankly, China is a big market, but the rest of the world is still bigger,” he said. “They are not the first ones to have had a run-in with China,” Zhe Ji, director of Red Lantern, a sports marketing company that does work in China, said of the WTA. “The China that welcomed the world in 2008 is not the same China that people are doing business with in 2021.”© 2021 The New York Times CompanyRead more at nytimes.com

Source: New York Times November 25, 2021 03:32 UTC