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 Chinese Local Governments Used Fake Property Deals to Boost Revenues — Land sales have long been a crucial source of revenue for regional governments. Russia Set to Overtake Saudi Arabia in Battle for China’s Oil Market — As Riyadh’s push to boost prices falls flat, Moscow keeps gaining ground with world’s biggest buyer. Sequoia Made a Fortune Investing in the U.S. and China. Then It Had to Pick One. — Scrutiny from Washington aggravated tensions within the venture-capital firm, fueling its decision to break up. Opinion: My Plan to Confront the Chinese Threat — Trump made progress, butSubscribe or login to read the rest. Subscribers get full access to: Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else. A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times. A daily roundup of China finance, business and economics headlines. We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.