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
Foreign Firms Pull Billions in Earnings Out of China — The outflows show interest rates, U.S. tensions and a weak economy are sapping China’s investment appeal.
China Tries to Lure Its Unemployed Youth to the Countryside — Communist Party seeks to deploy hundreds of thousands to rural communities, aiming to keep young people busy while city jobs are scarce.
China Unleashes Crackdown on ‘Pig Butchering.’ (It Isn’t What You Think.) — Beijing is going after scam mills that operate out of secretive, dystopian compounds and swindle people worldwide.
China Says Australia’s Exporters Can Co
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