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 Refused U.S. Call After Downing of Suspected Spy Balloon, Pentagon Says — Washington and Beijing already face a relationship strained by trade and Taiwan tensions.
Republicans Home In on China Policy Following Balloon Shootdown — Lawmakers look to counter economic, military challenges from Beijing.
China Has More ICBM Launchers Than U.S., American Military Reports — While the U.S. leads in intercontinental missiles and warheads, China’s gains are fueling debate in Congress.
Chinese Consumers Hoard Cash After Confidence Takes a Hit — Economists believe spending will be slow to bounce
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