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 Has Become a Strain on Private-Equity Firms — Politics, valuations and exit options all look grim for funds in the country. Navy Sailors Charged With Allegedly Spying for China — The two men are the latest cases of U.S. defense and intelligence officials charged with working on behalf of Beijing. China Scraps Tariffs on Australian Barley — The Ministry of Commerce said it is no longer necessary to keep imposing antidumping and countervailing duties on barley imports from Australia. China’s Central Bank Pledges to Flexibly Use RRR Cuts, Other Policy Tools — The PBOC will guide banks tSubscribe 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.