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
Chinese State TV Station Barred From U.K. Airwaves — U.K. regulator Ofcom says news channel CGTN isn’t independent enough from Beijing.China’s SMIC Says It’s Missing Out on the Chip Boom Due to U.S. Restrictions — SMIC expects revenue growth to fall to single digits this year after a 17% jump in the last quarter.China’s Luckin Coffee Files for Bankruptcy Protection in U.S. — Troubled Chinese coffee chain agreed to pay fines to settle U.S. regulatory claims that it fabricated hundreds of millions of dollars in sales.Chip Shortage Buoys SMIC, b
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