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’s Property Bust Compounds Economic Pain — The country’s housing market contracted sharply in 2022, and is likely to sink further, economists predict.Yellen Plans China Trip as Washington, Beijing Work to Revive Ties — Two nations seek to improve relationship after acrimony over Taiwan and trade.Philippine President Marcos Says He Is Seeking Ways to Defuse Tensions With China — He describes a ‘precarious balance’ between U.S. and China. ‘We don’t want to get trampled.’StanChart Gets Okay to Set Up Wholly-Owned China Securities Business — Chinese regulators have been busy recent
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