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
Decoupling With China Would Hurt U.S. Businesses, Chamber of Commerce Says — The group’s worst-case scenario envisions a crippling of major industries such as aviation and semiconductors.Cisco Systems Discloses Possible Embezzlement Scheme at Its China Operations — The company is also investigating alleged payments to employees of Chinese state-owned enterprises, it said. Cisco has disclosed the matter to the U.S. Justice Department and the SEC.Chinese Consumers Were Big Spenders During the Lunar New Year Holiday — Consumption at major retailers and rest
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