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 Scrutinizes Chinese Financial Institutions' Ties With Private Firms — Inspections aim to ensure full Communist Party control over what is seen as the lifeblood of the economy, say people familiar with the plan.Chinese Developers Report Sharp Drops in Monthly Home Sales — Numerous big developers have recently reported lower sales figures for September.China to Let Power Prices Rise in Bid to Fix Electricity Crunch — Shortage has slowed factory output, hitting companies around the world.Embattled IMF Chief to Stay Following Investigation Into World Bank Data Rigging — Kristalina Georgieva will remain at the
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