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
Hotel Collapse in Eastern China Kills at Least Eight — Hotel building collapsed Monday afternoon, Suzhou government says.China’s Export Engine Accelerates, Defying Expectations — Outbound shipments increased 32.2% in June from a year earlier in dollar terms, beating economist forecasts.China Clears Tencent-Sogou Deal — Regulator’s approval comes days after it blocked another deal in which Tencent was involved.China’s Monetary Policy Slips a Gear Into Neutral — Unexpected shift in monetary policy is raising questions on strength of China’s rebound.Commerce Department to Tap Former Pentagon Official for Export-Cont
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