This week on the Caixin-Sinica Business Brief: China’s rare earth exports plummet to a five-year low, down 20.2% in the first seven months of 2020; the deputy CEO of French telecom operator Bouygues announces it will dismantle 3,000 Huawei mobile antennas by 2028; and Chinese smartphone company Xiaomi posts higher-than-expected profits by finding new markets in Europe and Latin America.
In addition, we speak with Caixin Global journalist Flynn Murphy, who shares the story of a man in Hong Kong who had been reinfected with COVID-19 after already contracting the virus, and provides an update on China’s efforts to roll out a vaccine outside the Phase 3 medical trials already underway in the country.
