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
Tesla Unveils New Model 3 in China With Longer Range — and a Steeper Price Tag — Sleeker new version has rear passenger screen and a refreshed range, but isn’t the cheaper offering that some company watchers had expected.
Chinese Banks Plan Deposit Rate Cuts to Cushion Pain From Faltering Economy — Banks will pay less on deposits to reduce the impact of mortgage-rate cuts.
China Braces for Bigger Storm Than Idalia — Hong Kong draws down storm shutters as eye of supertyphoon Saola focuses on financial center.
Opinion: Bigger Brics Won’t Make a Stable Building — Already riven with a Sino
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