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 Comes Under Growing Pressure to Fix the Country’s Housing Market — Economists and investors urge Beijing to take forceful steps as founder of developer Evergrande faces assets-transfer probe.
China Is Gaining Long-Coveted Role in Arctic, as Russia Yields — Isolated over Ukraine invasion, Moscow seeks Beijing’s help as it ships more oil east through polar routes.
Does China’s Property Bust Make a Financial Crisis Inevitable? — Perhaps not—if Beijing plays its cards right. But serious damage to the nation’s prospects is still likely. A look at the problem in five charts.
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