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
Vanished Chinese Billionaire Set to Face Criminal Trial in Shanghai — Tomorrow Group founder Xiao Jianhua has been kept largely in isolation in mainland China since he was taken from Hong Kong in 2017, say people familiar with the matter.The China-Germany Investment Nexus Frays — Europe’s industrial and trade heavyweight, long a cheerleader for strong China ties, has been sounding more ambivalent lately.China’s Car Sales Begin to Rebound as Government Revs Up Subsidies — Tesla and local auto makers saw production and sales rise in May after a big dip in April amid Shanghai lockdown.Tesla Cancels Onl
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