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
TikTok Maker Seeks to Strike Balance as China, U.S. Step Up Geopolitical Pressure — The Chinese maker of TikTok, the popular short-video platform, said it would pull its app out of Hong Kong amid concerns about a new national-security law, its second market exit in as many weeksChina Orders Up a ‘Healthy Bull Market,’ and Stocks Oblige — China’s stock market is taking cues from bullish state media again. Last time, that didn’t end well.Chinese Developer Fails to Repay Bondholders — Shenzhen-listed Tahoe Group said it was hit by a property downturn worsened by the coronavirus and didn’t repay yuan bonds worth about $214 million.Google, Facebook and Twitter Suspend Review of Hong Kong Requests for User Data — Google, Facebook and Twitt
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