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
Tesla to Locate China Design Center in Beijing — The electric-car maker’s placement for the center, which it first disclosed in 2020, was cited in a Beijing government document.FDA Advisers Say Agency Shouldn’t Approve China-Developed Cancer Drug Now — The experts voted 14 to 1 that Eli Lilly and its Chinese partner conduct more testing before the FDA approves the lung-cancer immunotherapy.Chip Famine Is a Feast for China’s SMIC — Semiconductor Manufacturing International Corp., China’s largest foundry, is bringing in record revenue but spending big, too.Mystery Plane Tests ‘Loophole’ in Tai
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