This Week in China: Huawei’s Breakthrough, Xi’s G-20 No Show, Country Garden Avoids Default

ICYMI, here are some of the top stories from China this week. -Huawei and China’s top chipmaker have built an advanced 7-nanometer processor to power its latest smartphone, the Mate 60 Pro. Is this an indication that China can skirt around Washington’s curbs? -President Xi Jinping is expected to skip the G-20 meeting this weekend — and it’s not exactly clear why. -Chinese property developer Country Garden has narrowly avoided its first default. Still, its troubles are far from over. Head to the link for the full recap in our Next China newsletter. https://t.co/VxMwfrJVAg -------- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to Bloomberg Originals: https://www.youtube.com/BloombergTV Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake