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
Jack Ma’s Costliest Business Lesson: China Has Only One Leader — The billionaire entrepreneur matched the heights of America’s tech legends but failed to heed warnings that Chinese leader Xi Jinping still called the shotsBiden to Nominate Nicholas Burns as U.S. Ambassador to China — Mr. Burns served as U.S. ambassador to the North Atlantic Treaty Organization and undersecretary of state for political affairs during the presidency of Republican George W. Bush, and as U.S. ambassador to Greece under President Bill Clinton, a Democrat.Cryptocurrency Companies Are Leaving China in ‘Great Mining Migration’
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