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
After an Indonesian Submarine Sank, China Stepped In to Help Salvage It — Beijing has deployed ships for the operation, which involves fastening slings to parts of a submarine that lay at a depth of half a mile.
The Financial Times
Bitcoin falls sharply after China signals cryptocurrency crackdown — Price drops to 3-month low as finance industry warned not to offer digital token services.Taiwan ally warns of pivot to China in quest for Covid vaccines — Honduras threat to switch diplomatic recognition to Beijing stokes concern in Washington.Huarong’s woes are a warning to lazy investors — Beijing’s drive for
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