Share this on Twitter Share this on Facebook Share this on LinkedIn Share this on Sina Weibo Share this on Wechat Share this on LinkedIn 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. Paid subscribers can have this list emailed directly to their inboxes every day. Subscribe here, and then send us an email at firstname.lastname@example.org to opt in for the Daily Roundup email. The Wall Street Journal Australia’s Treasury Wine Shelves Penfolds Spinoff as China Weighs Tariffs — A Chinese industry group has asked Beijing to impose retrospective tariffs on Australian wine.Western Economies Embrace State Intervention, Emulating Asia — Greater state control of business activity reflects anxiety in West about ability to compete with government-backed industries in Asia.Alibaba Earnings Fell in Latest Quarter on One-Time Gain a Year Ago — Results come as investors and shareholders reel from abrupt suspension of Ant Group’s listing. The FiSubscribe or log in to read the rest.