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
Global Military Spending Hits Record Amid Ukraine War, China Tensions — Military expenditure in Europe rises at fastest rate in 30 years.
China’s State-Owned Firms, Long Market Laggards, Are Suddenly Stars — Chinese official statements are full of warm feelings for business again, but investors are signaling caution.
A Satellite Phone That Works Anywhere? The U.S.-China Rivalry Makes That Harder. — Both countries want to dominate the technology, and that makes having one system that works in both countries tricky.
U.N. Confirms India’s Population Is Overtaking China’s — Demog
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