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
Biden Plans to Meet China’s Xi and Discuss How to Avoid Conflict — Planned meeting comes amid strains over Taiwan and U.S. controls on technology exports.China’s Billionaires See Huge Losses as Economy, Markets Sputter — Zero-Covid, plunging share values and a property slump erase hundreds of billions of dollars from coffers of the country’s tycoons.Bao Tong, Former Reformist Official and Critic of China’s Leader Xi, Dies at 90 — Top Communist Party official helped shape policies that opened China’s economy; later he was imprisoned following the Tiananmen Square protests.
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