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 Manufacturers Sidestep Trade Barriers by Buying Factories Overseas — Beijing subsidizes state-owned companies that acquire Western rivals or build plants in other countries; ‘appetite for economic conquest’.Chinese Consumers Are Opening Their Wallets Again — The country’s exports and imports also rose in April from a year earlier.Pandemic Tarnishes China’s North, Strengthens Southern Swing for Jobs — The country’s north-south divide in jobs and housing is sharpening.Europe Starts to Come Around on China — By The Editorial Board. Putting business first and alienating the U.S. has backfired.
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