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 Declared Its Russia Friendship Had ‘No Limits.’ It’s Having Second Thoughts. — Xi Jinping wanted Vladimir Putin to join in a united front against the U.S., and he got it Feb. 4. Now the Ukraine war threatens to undo Beijing’s yearslong effort to become a world leader.Why China’s Banks Won’t Come to Russia’s Rescue — The risk of additional sanctions deters Chinese lenders, while a fledgling payment network relies on the Swift global system.Beijing-Based Multilateral Lender Suspends Russia-Related Activities — The Asian Infrastructure Investment Bank said Thursday it has suspended all operations
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