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
China Evergrande Shares Suspended After Reports of Founder’s Disappearance — Chairman Hui Ka Yan has been placed under police surveillance, according to media reports.
Taiwan Unveils Homemade Submarine as It Seeks to Counter China Threat — Narwhal will complicate Beijing’s efforts to subdue island democracy, though budget concerns loom.
Citi Planning to Sell China Retail-Wealth Unit to HSBC, Source Says — The deal is part of Citi’s broader exit from consumer banking outside of its home market.
This Ford vs. GM Feud Could Shape the Future of EVs in America — Biden administration’s dec
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