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K-Pop's China Ambitions Hit Geopolitical Roadblocks

New York Times Business •
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Japanese members of K-pop bands are increasingly absent from concerts in China, a trend experts link to escalating diplomatic tensions between Beijing and Tokyo. This follows Japanese Prime Minister Fumio Kishida's remarks suggesting potential military intervention if China acts on Taiwan claims. Riize's recent Macau performance exemplified the issue, with Japanese rapper Shotaro absent despite organizers citing 'unforeseeable circumstances'. Fans like Maya Choi expressed disappointment, highlighting how geopolitical friction impacts their hobbies.

Le Sserafim and IVE also faced similar cancellations, with Japanese members missing events in Shanghai and Guangzhou. China's market, valued at $70 million in album sales last year, remains crucial despite restrictions stemming from 2016 missile defense system deployments. Analysts estimate full market reopening could unlock $150-$340 million in additional revenue for K-pop companies. The industry's multinational model, while globally successful, now faces significant risks navigating these sensitivities.