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 Hits Back on TikTok, Says It Doesn’t Ask Companies for Foreign Data — China’s foreign ministry said the U.S. was suppressing the popular app, a day after lawmakers on Capitol Hill raised fears it could be used to spy on Americans。
The Winners and Losers if the U.S. Bans TikTok — From U.S.-China relations, to the parents of phone-addicted teenagers, the victims and beneficiaries run the gamut if TikTok disappears.
TikTok’s Rivals Shouldn’t Bank on Ban — Google, Facebook, Snapchat and Pinterest stocks have soared, but TikTok still has time on the clock.
China-Based Managers Gain More