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
U.S. Imposes Visa, Export Restrictions on Chinese Firms and Executives Active in Contested South China Sea — The U.S. unveiled a set of visa and export restrictions targeting Chinese state-owned companies and their executives involved in advancing Beijing’s territorial claims in the contested South China Sea, a new challenge to China involving the strategic waters.Vanguard Scales Back in Asia — The indexing giant plans to close its operations in Hong Kong and Japan, as it focuses on individual investors and mainland China.Ant Group’s $200 Billion Hill Could Soon Become Mountainous — Chinese financial-technology company Ant Group may sound small, but it could ride China’s technology-investment wave to grow into a market behemoth.U.S. Firms
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