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’s Covid-19 Restrictions Threaten Economic Recovery — First-quarter GDP figures paint relatively rosy picture, but data didn’t capture full impact of Covid-19 restrictions.IMF Cuts China Growth Forecast to 4.4% — Fund’s second China downgrade this year reflects spreading Covid-19 lockdowns and pressure from war in Ukraine.U.S. Companies Face Hurdles in Moving Production Closer to Home — It may take years to duplicate the supplier networks and availability of raw materials on a scale found in Asian manufacturing hubs, experts say.
The Financial Times
China and Solomon Islands sign se
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