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.
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The Wall Street Journal
China Beat Back Covid-19, but It’s Come at a Cost—Growing Inequality — Fallout from the coronavirus pandemic is widening the gap between haves and have-nots in China, a trend that could bring social tensions and undermine the country’s stronger-than-expected economic recovery.More Corporate Bonds Are Rated Triple-A in China Despite Coronavirus Pandemic — China’s credit-rating firms are doling out more triple-A bond ratings, a trend that has continued this year despite the coronavirus pandemic and greater borrowing by companies in the world’s second-largest economy.Cathay Pacific Slashes Workforce as Travel Forecasts Remain Bleak — Hong
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