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 Financial Times
China after the property boom: can it rebuild the growth model? — Xi Jinping can revive the economy by encouraging more consumer spending, but would lose some political control.Opinion: Xi Jinping’s third term is a tragic error — China’s macroeconomic, microeconomic and environmental difficulties remain largely unaddressed. By Martin Wolf
The New York Times
U.S. Aims to Turn Taiwan Into Giant Weapons Depot — Officials say Taiwan needs to become a “porcupine” with enough weapons to hold out if the Chinese military blockades and invades it, even if Washington decides to send troops.
Caixin
State
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