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
Shanghai Lockdown Experiment Begins as Officials Race to Clear Covid-19 — Residents on one side of river dividing city are first to be confined at home; their neighbors on the opposite bank will follow.Shanghai Covid-19 Lockdown Poses Fresh Test to Supply Chains — China’s exporters are bracing for delays as warehouse operations, transport and staffing are disrupted.Oil Prices Fall as Lockdowns in China Weigh on Demand — Reduction in demand from China could ease pressure on global markets after prices surged following Russia’s invasion of Ukraine.Pentagon Seeks Higher Military Spending to Keep Pace With C