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
Duty-Free Boom Fuels Surge in Chinese Tourism Stocks — Chinese tourism stocks are flying high, thanks to a bet by investors that travelers will stick to domestic excursions due to the pandemic and also take advantage of relaxed duty-free rules.Blackballing Chinese Stocks — Barring firms from U.S. exchanges could play into Beijing’s hands.
The Financial Times
Gagging the press will suffocate Hong Kong — The crackdown on media freedom threatens all businesses in the territory.Why Trump’s Hong Kong sanctions are bad news for banks — Washington’s decision could have far-reaching implications beyond the targeted individuals.
The New York Times
China Refrains From Ousting Hong Kong Lawmakers — Beijing allows four pro-demo
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