☕️ Good morning, friends,

🥠 Fortune Cookie of the Year: A woman in China ducked into a lottery shop to get out of the rain. Out of boredom, she bought scratch cards and won the equivalent of 140,000 USD. So maybe leave your umbrellas at home next time.

🤝 Partnership of the Century: We’re excited to announce our new collaboration with China Insider (1.2 million Instagram followers 👀). Just like asiabits, they’re a young, dynamic team with the mission to connect people from East and West.

📷 Photo of the Day: Yana, our new Growth Manager, is (like millions of other women) in love with a Chinese merman. And to be fair, he really does look good…

BENCHMARKS

NUMBER OF THE DAY

- 2.6%

Japan's exports recorded their steepest decline in over four years in July, with both main markets USA and China weakening.

🚗 Auto Collapse: Vehicle exports to the US plummeted 28.4 percent, despite tariff reduction from 25 to 15 percent in the July 22 trade agreement.

📉 Double Blow: Shipments to the US fell 10.1 percent, to China by 3.5 percent, only Hong Kong surged with plus 17.7 percent.

Watch: Japan's export model under pressure, economists warn of possible recession due to US tariffs.

TOP BIT

✈️ China Expands Aerospace Software Research With Top US Engineer

Renowned engineer Zhou Ming has been appointed founding dean of the Eastern Institute of Technology in Ningbo, where he is building a team for simulation and optimization.

The goal: greater independence in the tools that make modern aircraft lighter, more efficient, and faster to develop.

The Details

🧑‍🔬 About Him: Zhou is considered a pioneer of …