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
Rates in China Cut Again, but by Less Than Expected — Economists, saying Beijing needs to do more to reverse a steep slowdown, have slashed their 2023 growth forecasts.
China Punishes U.S. Due-Diligence Firm Mintz Over Statistical Work — Beijing imposes $1.5 million in penalties for unapproved investigations after detaining company staff members in March.
Booming China-Russia Trade Sends Trench-Digging Machines to Ukraine’s Front Lines — Mutually-beneficial ties have given Moscow a customer for its oil and gas and made China the world’s top car-exporting nation.
Chinese E-Commerce Giants P
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