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
Facebook Suspending Review of Hong Kong Requests for User Data — Facebook is suspending the review of government requests for user data from Hong Kong following China’s imposition of a national-security law on the city. The company’s move follows an earlier decision by its WhatsApp messaging service.Global Stocks Jump, Led by Surge in Chinese Markets — International stocks and U.S. futures rallied on hopes for a strong recovery from the coronavirus pandemic and a signal from Chinese state media suggesting investors should support a local bull market.Covid-19 Derails China’s Push to Be Biggest Movie Market — This was supposed to be the year China’s theatrical box office became No. 1 in the world. Instead it is setting a different record:
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