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. Paid subscribers automatically have this list emailed directly to their inboxes every day by 10 a.m. EST. Subscribe here. 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