Welcome to the 91st installment of the Caixin-Sinica Business Brief, a weekly podcast that brings you the most important business stories of the week from China’s top source for business and financial news. Produced by Kaiser Kuo of our Sinica Podcast, it features a business news roundup, plus conversations with Caixin reporters and editors.
This week:
- We note that China’s exports of goods fell 1.3 percent year-on-year in June, down from a 1.1 percent increase in the month before but higher than the median forecast of a 1.4 percent slide from economists polled by Bloomberg.
- We discuss Justin Sun, the Chinese blockchain entrepreneur who’s paying $4.5 million to have lunch with Wall Street legend Warren Buffett, and his recent lunch invitation to President Donald Trump.
- We report a Huawei press event last week, where the Chinese telecom company’s chairman said that the U.S. says it is easing restrictions on Huawei sales. However, there is no progress in sight.
- We find out that almost half of migrant women interviewed in four major Chinese cities have experienced some kind of domestic violence, and many are unfamiliar with China’s three-year-old Domestic Violence Law, according to a new report on this matter.
- We hear that worldwide shipments of personal computers increased 1.5 percent in the second quarter, fueled by businesses upgrading to the latest Windows software from Microsoft. China-based Lenovo Group held the No. 1 spot over U.S. rival HP amid a trade war between the two countries.
In addition, we talk with Doug Young, managing editor of Caixin Global, about a Chinese real estate company getting into education and recent news about Moutai, China’s leading liquor brand.
