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 Xi Pushing to Beat the U.S. in GDP Growth Despite Covid Lockdowns — Topping U.S. economy required to demonstrate superiority of China’s one-party system, Chinese leader tells officials.HSBC’s Quarterly Profit Drops 28% — Bank hit by provisions for souring loans in Russia and China, but says it is benefiting from rising interest rates.
The Financial Times
America’s lopsided China strategy: all guns and no bread and butter issues — The administration is preparing an economic plan for the Indo-Pacific, but it will not include access to the US market.China Covid-19 tsar pushed treatments without
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