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 Bets Big on Basic Chips in Self-Sufficiency Push — Chip makers boost production of mature semiconductors now in high demand, which could add to their global influence.Gen. Mark Milley Says Chinese Military Aggression Has Worsened — The top U.S. military officer visited Indonesia on Sunday as the U.S. seeks to strengthen relationships with Indo-Pacific nations.China’s Rural Banking Smash-Up — Problems at China’s small-town banks have been gestating for years, but they are now coming to a head—with unpredictable consequences.Evergrande Ousts CEO and CFO Over $2 Billion Cash Seizure — The indebted
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