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’s Champion Chip Maker Checks if Co-CEO Still Wants to Work There — SMIC shares fell after reports one of its leaders planned to resign, which was news to the company, and MSCI moved to evict it from its indexes.MSCI Drops Chinese Stocks on U.S. Blacklist — The move, affecting stocks in seven Chinese companies, will take effect by the close of business on Jan. 5.Huawei Gets Conditional Green Light in Germany as Government Approves Security Bill — New network-security legislation is latest setback for U.S. effort to rein in Chinese tech giant.C
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