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 Is Losing Its Bet on Chips — An attack on Taiwan, the top manufacturer, would roil industry and the world.HSBC Has Big Ambitions in China. Westerners Still Dominate Its Board. — The British bank has scaled back in Europe and the U.S. and doubled down on Asia but that isn’t reflected in its senior ranks.Asia-Pacific Countries Sign Major Trade Pact in Test for Biden — The pact will bind their economies closer together and signals Beijing’s growing influence in the region.U.S. Crop Prices Are Rising, and China Is Buying — Investors pile into
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