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
Pentagon Refocuses Spending on Weapons to Deter China — Defense Department says it will buy more ships and submarines if industry can deliver them.
Asian Startups’ Confidence in U.S. Banking Wanes After SVB Panic — Bank’s collapse underlines role of U.S. money in global tech financing.
Smithfield Foods CEO Defends Pork Producer’s Chinese Ownership — Shane Smith points to sales growth since China’s WH Group acquired the Virginia company.
How the U.S. Agreed to Provide Nuclear Sub Technology to Australia — Canberra intelligence official launched initiative in meeting with top White Hou
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