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
Apple to Cut New iPhone 14 Production Lag Between India and China — Move to make devices more quickly in India would help lessen dependence on China.Adidas CEO to Leave Amid Struggles in China — German sportswear firm has been under pressure from investors after facing challenges in its key market.China’s Yuan Slides to Two-Year Low as Economy Stumbles, Dollar Soars — Currency could hit 7 against U.S. dollar by year-end, bears predict.China’s Central Bank Prods State Banks to Step Up Lending — The central bank also asked the lenders to guarantee “reasonable financing demand” for Chin
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