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 Wants to Be the World’s Banker — The U.S. is in danger of losing its dominant leadership position in global financial services.U.S. Sanctions Gangster Known as ‘Broken Tooth’ for Corruption in China’s Belt and Road — Penalties levied on a Chinese convict come amid Trump administration pressure campaign against China.Pompeo Urges U.S. Campuses to Track China-Related Activities — In speech at Georgia Tech, he suggests institutions monitor students, disclose funding from foreign sources.Chinese Chip Maker in Default on $2.5 Billion of Doll