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
China Makes Preparations for Evergrande’s Demise — Beijing, reluctant to bail out the country’s most heavily indebted property developer, is asking local officials across the country to prepare for a ‘possible storm.Iron-Ore Prices Buckle as Evergrande Adds to China Concerns — The commodity’s price has fallen more than 50% since mid-July.Foreign Businesses Say They Feel Effects From China’s Turn Inward — Multinationals are grappling with closed borders and favoritism toward local companies, business lobbies say.Europe’s Balancing Act Between the U.S. and China Is Buffeted From Both Sides —
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