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
Investors Find New Safe Place to Hide: Chinese Bonds — Foreign capital flowed into locally denominated Chinese government bonds in the second quarter at the fastest pace since late 2018.Attacking the Hong Kong Dollar Makes Little Sense for the U.S. — The Hong Kong dollar’s peg to the greenback would be a strange target in retaliation against Beijing, and doesn’t seem particularly vulnerable either.Chinese Data Center Stock Rally Does Not Compute — New infrastructure stimulus plans will provide a real boost, but valuations have gotten stretched and competition will likely intensify.U.S. Weighs Limited Options to Punish China Over Hong Kong — As U.S. officials consider punishing China over its recent security law in Hong Kong, the city’s s
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