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1/ Underneath #BTS
saga, there are worrying signs of escalating Chinese nationalism & tensions between China & the world. In post-pandemic era, political uncertainty piles up as it becomes even more unpredictable to anticipate what issue will strike Chinese nationalists’ nerve.
2/ China is also gearing up for its punitive diplomacy. A few weeks ago, Beijing introduced the vaguely worded “unreliable entity list”, under which CCP leaders have full discretions to impose economic sanctions on businesses that perceivably don't bow to its political red lines.
3/ As these risks will become the new normal, it becomes imperative for all businesses to consider diversifying their markets to migrate all these pitfalls posed by over-dependence on a single region.https://www.usatoday.com/story/entertainment/music/2020/10/13/bts-faces-uproar-china-over-korean-war-comments/5979378002/ …
Unreliable entity? China?
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