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
China Eases Zero-Covid Rules as Economic Toll and Frustrations Mount — Top leaders relax stringent pandemic controls in bid to lessen economic and societal impact, even as daily cases surge past 10,000.President Biden, Xi Jinping to Meet During G-20 Summit in Bali, Indonesia — U.S. is hoping to elicit cooperation with China as distrust and tensions between the two powers run high.Chinese Stocks Surge as Beijing Eases Some Covid Restrictions — Market participants say Beijing’s updated Covid policy paves the way for a long-awaited reopening.TuSimple Co-Founder Ousts Board That Fired Him Last Month — Turmoi
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