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
Audits of Chinese Companies Are Highly Deficient, U.S. Regulator Says — PCAOB says its first inspections in China and Hong Kong found issues in seven of eight audits reviewed.
$10,000 an Hour Bought Inside Line on China—and Now Risks Jail — Capvision offered the expertise of its consultants to international banks and investment funds, but a raid broadcast on state TV shows risks of selling Chinese information.
Chinese Consumer Inflation Slows to Lowest Level in Two Years — The price weakness is likely to raise questions about the sustainability of China’s consumer rebound.
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