lakers in china the nets own by chinese billionaire joseph side the co-founder of web titan alibaba for his part he said the damage from the pro protests tweets would take quote a long time to repair. and all we're talking about is one tweet that didn't go down too well jonathan crane. jonathan what damage ah the houston rockets looking at well as we heard in the piece monica a couple of sponsors have already pulled the plug now sometimes when you have a sporting scandal browns stick by the teams or players having to ride it out this hasn't happened they can have distance themselves clearly china's s.p.v. back we heard in the pace that the biggest sponsor in china of the houston rockets they've suspended their partnership we don't know how long will that will last whether it is permanent i think more critically as well as chinese state t.v. saying they weren't sure anymore houston rockets games 10 cent the internet streaming giant which concluded a 1500000000 dollars 5 year deal with the n.b.a. says they weren't so used to iraq it's games now when you have such an internet giant is that

lakers in china the nets own by chinese billionaire joseph side the co-founder of web titan alibaba for his part he said the damage from the pro protest tweets would take quote a long time to repair. for more on the story jonathan crane joins me in the studio jonathan you're from our sports desk seemingly minor incident having a huge impact you know many parties have been quick to apologize what damage are the houston rockets looking at here well as we heard in the piece a couple of sponsors of already pulled the plug and often when one goes others a quick to follow sometimes you see brands in the wake of a scandal sticking by the team or the play a concert and hoping to ride out the storm but this is not been the case here the storm this is a very quickly distance themselves in the houston rockets china's a speedy bank houston rockets biggest sponsor in china they've suspended that cooperation we don't know yet if it's just a suspension or that's going to be a permanent thing i think crucially 10 cent the internet streaming giant who recently agreed a new deal with the n.b.a. with $150

the nets are owned by chinese billionaire josephs side the co-founder of web titan alibaba for his part he said the damage from the pro protest tweets would take quote a long time to repair. and speaking of tensions around china markets are looking ahead to the u.s. china trade talks scheduled on thursday and suffice to say they might have to manage their expectations of the we can do is agency bloomberg reported that chinese officials are signaling that they're reluctant to agree to a broad troops deal with the united states one such official has reportedly said that the chinese will not offer any reforms to chinese industrial policy or to government subsidies significant narrowing of the range of negotiations to its. well for more let's bring in on a device with in frankfurt on into does this news represent a shift in power in these negotiations yes it's fair to say that this has actually really a shift in power because that's one of the core of the amman's by the u.s. administration to change a tiny industrial policy also if you look at economic data china step allies in the u.s. is

more from tech titan appears apple abalphabet. color ox and store bks. alibaba the much buzzed about beyond meat alo with ail giant. federal reserve will meet to decide uponhe fate of u.s. interest rates. the markets expect a quarter-point cut this week. pl the wiley jobs report. economists expec the gm auto strike to shave off a chunk of the gains we would normally see. and plenty of data on tap. gdp. consumer confidence, home sales and manufacturing, a busy bus week as always invesrs watchi closely trade headlines these are the single biggest maet mover as saw in today's session. for r ghtly business report, i'm bob pisani at the new york stock exchange. >> and if yo a wonder buy i why the dow is not closer to a record, the answer can be found if in three stocks. recent loss ms. boeing, mcdonald's and travelers are holding back the blue kmip index shaving f a few hundred points. >>> so hits turn to david leowitz to talk morebout wh lies ahead next we can. epps the senior equityt strategist ubs wealth management research. nice to see you >> thanks for having me