Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
The Wall Street Journal
Chinese Oil Futures Draw More International Interest — Foreign companies and investors are warming to Chinese oil futures, a boost to a project that Beijing hopes will strengthen the yuan’s appeal and loosen the dollar’s hold on global commodity pricing.Australia Lays Out China-Focused Defense Overhaul — Australia is overhauling its military to create a larger, more powerful force focused on the Indo-Pacific as it seeks to counterbalance China’s growing influence and military power in the region.Congress Launches Bipartisan Bill to Give Refugee Status to Certain Hong Kong Residents — Lawmakers of both parties introduced a bill to give refugee status to Hong Kong residents at risk of persecution under the Chinese territory’s new national-
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