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
Alibaba, Tencent E-Commerce Sites Tagged by U.S. for Counterfeit Sales — Both on the ‘notorious markets’ list of entities that allegedly sell or facilitate the sale of counterfeit goods.China Orders Cuts for Food-Delivery Fees, Sparking Tech Selloff — Shares of online delivery giant Meituan slide to a 19-month low.Starbucks Faces Online Uproar in China After Coffee Price Hike — Increase of up to 32 cents for a cup comes after the U.S. coffee giant reported slower sales in China and faced a nationalist backlash.Think U.S.-China Tensions are Bad for Business? Try China-India — Rising
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