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
U.S. Goes Full-Court Press on China’s Chip Sector — Comprehensive nature of restrictions are clear signal that U.S.-China chip wars are here to stay.Chinese Chip Stocks Slump After U.S. Tightens Exports — The Global X China Semiconductor ETF, which tracks 25 Chinese companies, dropped nearly 7% by midday on Monday in Hong Kong.Chinese Stocks Slide on Weaker Consumer Spending — Investors also fret about new U.S restrictions on chip exports, more Covid-19 lockdowns.Taiwan’s Leader Tells Beijing Armed Conflict Is ‘Absolutely Not an Option’ — In National Day speech, Tsai Ing-wen vows to defend island’s democra
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