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
Pandemic Bolsters China’s Position as the World’s Manufacturer — The West relies on Chinese factories, despite national-security, supply-chain concerns.Chinese Banks Cut Rates to Spur Economic Growth — Reductions come as China’s economy struggles with property bust and Beijing’s zero-Covid strategy.BYD, Tesla’s Chinese Rival, Is Coming Into Its Own — China’s top electric-vehicle maker has emerged as a formidable force—one that could soon be felt globally.MGM China Pumps $594 Million Into Macau Casino Unit Ahead of License Bid — Move by U.S. casino operator’s Chinese unit follows c
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