Welcome to the 26th 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 take a look at China’s latest economic data on GDP growth in the July-September period. We delve into the 19th National Congress of the Communist Party, which kicked off last week with a three-hour, 23-minute speech by Party chief Xi Jinping. We learn why Yukon Huang, the World Bank’s former country director for China, defended the organization’s lending to Chinese governments. We study the feud between Apple and chip supplier Qualcomm about patent infringement. We explore the news that Wu Aiying 吴爱英, former Minister of Justice, has been expelled from the Communist Party of China.
In addition, we talk to Caixin reporter Poornima Weerasekara about the narrowing wealth gap between China’s cities and countryside. We also speak with Caixin senior editor Doug Young about the company Qudian, which made its first public filing for a New York IPO last week, the recent closure of many golf courses in China, and the long-running battle between Qualcomm and Apple in Chinese courts.
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