The Daily Roundup - The Wire China
August 12th, 2026 | 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.

August 12th, 2026. The Wall Street Journal Zhu Rongji, Engineer of China’s Economic Overhaul, Dies at 97 — The former premier steered China toward Western market principles and championed its entry into the World Trade Organization. AI Spending Snuffs Out Tencent’s Profit-Growth Run — The Chinese company said it is more than doubling AI spending this year. The Financial Times China-linked hackers hit Taiwan in unprecedented ‘autonomous’ AI cyber attack — AI agents ran simultaneouSubscribeorloginto read the rest. Subscribers get full access to:Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else. A weekly curated reading list on China from Andrew Peaple. A daily roundup of China finance, business and economics headlines. We offer discounts for groups, institutions and students. Go to ourSubscriptionspage for details. Includes images fromDepositphotos. comCover StoryJupiter's DescentCalifornia-based Jupiter Systems sold high-tech wall screens to U. S. military and government clients. On June 14, The Wire China revealed how Jupiter was sold to a Chinese company in 2020 without the first Trump administration’s knowledge. Now Trump is back and on the case as Jupiter teeters on the verge of bankruptcy. The Big PictureQ & ALily Qi on Choosing to be an AmericanThe Maryland state lawmaker talks about living through the Cultural Revolution, running for public office as a Chinese-American, and U. S. complacency. Corporate Risk Intelligence for National Security, Compliance & Due DiligenceLearn More