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 How Bad Is China’s Economy? Millions of Young People Are Unemployed and Disillusioned — The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’ North Korea Celebrates Major Holiday with Special Guests From China and Russia — Pyongyang expected to hold large military parade, with first foreign delegations allowed in the country since the pandemic. Volkswagen’s EV Gambit in China Makes Sense — Deal will help VW and local startup Xpeng, both struggling in China’s huge—and cutthroat—electric-vehicle market. Micr