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
Investors Fear China’s ‘Lehman Moment’ Is Looming — Troubles at a big trust company are making investors worry about financial contagion from property developers’ distress.
Water Cannons and Lasers: South China Sea Standoff Around World War II-Era Ship Heats Up — The U.S. has reaffirmed that an ‘armed attack’ on its ally’s vessels would invoke its commitments under a mutual-defense treaty.
Is China’s Data Manipulated, or Flawed? Maybe Both — Suspension of the youth unemployment rate fits the autocrat’s playbook of burying unflattering statistics.
China Evergrande Seeks U.S. C
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