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 Cuts Borrowing Rates Again in Bid to Juice Recovery — Economists say that more drastic measures may be needed, with debt and uncertainty continuing to weigh on consumers’ willingness to spend.
Beijing Plans a New Training Facility in Cuba, Raising Prospect of Chinese Troops on America’s Doorstep — Biden administration scrambles to forestall China’s ambitions in the Caribbean.
NATO’s Largest-Ever Aerial Wargame Has Russia, China in Mind — German-led exercise simulates mass deployment in skies across Europe in response to an attack.
Alibaba Is Replacing Chairman and CEO Daniel Zhan
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