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
Beijing Reins In China’s Central Bank — The PBOC was never independent but it has tried to establish good communication with markets. Xi Jinping’s financial shake-up is changing that.Market Can Weather Evergrande Crisis, China’s Top Central Banker Says — People’s Bank of China Gov. Yi Gang also talks up Hong Kong’s role as international financial hub.China Reopens a Funding Spigot for Property Developers — The move is enabling some companies to tap into an obscure form of debt financing that helps pay their suppliers.China’s Latest Challenge Is Engineering a Soft Landing for a Sputtering Eco
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