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
Xi Jinping Is Looking for Someone to Blame for China’s Property Bust — On the prowl for villains, Beijing expands real-estate probe to financial institutions.
China’s Xi Welcomes Gavin Newsom in Beijing With Eye on U.S. Visit — California Democrat, seeking cooperation on climate change, is first U.S. governor to meet Chinese leader since 2017.
U.S. Worries About Escalation in Pacific as Chinese Military Steps Up Confrontation — Pentagon hopes security forum in Beijing next week will help restart military communications.
Stellantis Invests $1.58 Billion in Chinese EV Company Leapmotor — T
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