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 Pushes Energy Reform With Pipeline Deals — China is moving to wean its economy off coal and boost use of cleaner natural gas, with two of the country’s energy giants set to pump nearly $56 billion of assets into a new national pipeline firm.China Orders U.S. to Close Chengdu Consulate as Payback for Houston Move — Beijing ordered the closure of the U.S. Consulate in Chengdu, a city in southwestern China, retaliating against Washington’s decision to shut down the Chinese Consulate in Houston.Here’s Why U.S. Officials Are Worried About TikTok — The popular video-messaging app with Chinese roots is facing global scrutiny as countries consider imposing restrictions on the company.Mike Pompeo Urges Chinese People to Change Communist Party