Share this on Twitter Share this on Facebook Share this on LinkedIn Share this on Sina Weibo Share this on Wechat Share this on LinkedIn 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. Paid subscribers automatically have this list emailed directly to their inboxes every day by 10 a.m. EST. Subscribe here. The Wall Street Journal A $100 Billion Comedown: Soaring Defaults Shrink Asia’s Junk-Bond Market — The crisis in China’s property market has hammered bond prices and curbed sales of new debt. China’s Economic Distress Deepens as Lockdowns Drag On — Economists call for more-aggressive stimulus; slowdown is worst since the initial Covid outbreak in 2020.China Competitiveness Bill Faces Hurdles as Time Runs Short — More than 100 lawmakers are involved in talks as flashpoints emerge.India Can’t Hang Up on Chinese Smartphones — When it comes to smartphones, India and China have to keep the line open. Arrest of ‘Stubborn About JusSubscribe or login to read the rest. Subscribers get full access to: Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else. A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times. A daily roundup of China finance, business and economics headlines. We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.