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
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 Financi
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