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
China's Plan to Conquer the Moon, Mars and More — This summer the planets favorably align for spacecraft to reach Mars with the least amount of fuel. China is among the countries undertaking the mission while working on bigger ambitions that could one day challenge the U.S.’s leadership in space.Hong Kong’s Main Airline Expects $1.3 Billion Loss — Like the rest of the industry, Cathay Pacific Airways has been plunged into crisis by the coronavirus pandemic, which has grounded demand for travel and prompted official restrictions.The $52 Trillion Bubble: China Grapples With Epic Property Boom — The Chinese real-estate surge eclipses the one in U.S. housing in the 2000s. Desperate buyers are undeterred by the Covid pandemic, fearing other inves
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