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
In China’s Property Sector, There Is Nowhere to Hide — Default by CIFI, one of the private developers approved to issue state-guaranteed debt, is driving sentiment even lower.Nvidia, Applied Materials Warnings Cast Shadow on Chip-Earnings Season — Falling demand and U.S. restrictions on semiconductor exports to China pressure industry.Why Another Xi Jinping Term Might Be in U.S.’s Interest — Xi has made China’s challenge to the West clearer but its economic prospects darker.
The Financial Times
Australia probes reports its former pilots were approached to train China’s military — Former A
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