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 China’s Property Market Enters Troubling New Phase — Real-estate demand appears to be waning as more supply hits the market, raising fresh risks for an already-fragile economy. Chinese Balloon Used American Tech to Spy on Americans — Preliminary U.S. findings show the craft collected photos and videos but didn’t appear to transmit them, officials say. The Financial Times China’s military set-up is designed to foil any would-be Prigozhin — The People’s Liberation Army is an explicitly political force — and the ultimate guarantor of the party’s hold on power. China passes foSubscribe 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.