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
U.S. and Chinese Bombast on Taiwan Masks Effort to Ratchet Down Tensions — Taipei diplomats were encouraged by U.S.-Chinese defense meeting; ‘nobody wants to have a war with another country.’Prices for New Homes in China Slide Further — Government support measures for the industry have yet to take hold after a regulatory campaign aimed at reining in developers’ debt levels.Chinese Slowdown Pushes Youth Unemployment to New Highs — Joblessness among youth rose to 18.4% last month, the highest rate since before the pandemic and far above that of the U.S. or EuropeHong Kong Sells More U.S. Dollars to Defend Currency P
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