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
Cartier’s Wake-Up Call for Luxury Dreamers — European luxury brands may be later than investors think to benefit from China’s rapid economic recovery.China’s Economy Appears Back on Track, but Challenges Remain — China reported a robust rebound in the second quarter. The question now is whether China has seen the best of the recovery, as Beijing faces a daunting set of challenges through the end of the year.A Pandemic and Huawei Woes? No Problem, Says Taiwan’s Chip Champion. — TSMC is confident it can weather the Covid-19 pandemic and the loss of a major customer—Chinese telecom champion Huawei—thanks to its technology edge.China Stocks Tumble on Worst Day in Five Months — Chinese shares fell the most in five months, as signs of an
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