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 Blocked Jack Ma’s Ant IPO After Investigation Revealed Likely Beneficiaries — Well-connected Chinese power players, including some with links to political families that represent a potential challenge to President Xi, were behind layers of opaque investment vehicles. The information added to concerns about financial risk and anger at Ma’s outspoken criticism.U.S. vs China: The Battle for Bitcoin Mining Supremacy (Video) — Chinese bitcoin miners have long dominated the global processing power that runs the bitcoin network with sophisticated eq
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