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.
Paid subscribers automatically have this list emailed directly to their inboxes every day by 10 a.m. EST. Subscribe here.
The Wall Street Journal
The Problem Plaguing Movies, Concerts and Casinos: China’s Out-of-Reach Spender — Rolling Covid-19 lockdowns in China and fresh political tensions present challenges for American pastime industries like movies, music and gambling.Chinese Developers Lean on Government Bond Guarantees as Doubts Persist — Longfor offers first deal under a new program meant to help parts of the struggling real-estate sector.
The Financial Times
Investors price in $130bn loss on China developers’ dollar bonds — Beijing will need to deploy ‘big bazooka’ to end crisis of confidence among homebuyers, market partici
The Global Intelligence Platform used by The Wire China
- Navigate China's business landscape
- Identify risk
- Spot opportunity