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
Xi Jinping Aims to Rein In Chinese Capitalism, Hew to Mao’s Socialist Vision — Going beyond curbing tech giants, he wants the Communist Party to steer flows of money and set tighter limits on profit making.Developer China Evergrande’s ‘Darkest Moment’ Will Pass, Boss Tells Staff — China’s most indebted property developer is on the brink of failure after years of rapid expansion and aggressive borrowing.Bitcoin Price Slides as China Jitters Hit Crypto Markets — Digital currencies punished by investors’ shift to safer assets, worries over tether’s links to China.
The Financial Ti
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