Shanghai Composite Index Rose 0.66% on Wednesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Coal-rich Shanxi province to expand government coal reserves; provinces move to curb steel production; Tianqi Lithium unit gets $1.395 billion from Australia’s IGO
Chinese president in keynote speech to World Political Parties Summit says ‘the world is broad with opportunities for cooperation everywhere’
Authorities shut down Beijing Qudao Cultural Development on suspicion of providing crypto software services, driving Bitcoin below $34,000
Amid Didi probe, State Council moves to crack down on illegal activity in securities market with tougher supervision of overseas listed Chinese companies
Remote Du’an county shows successes of ambitious program but also the daunting challenges of rising food and operating costs
SMIC has seen its core research team go through major changes since the end of last year
Sichuan family’s fine for having eight children reduced and Canadian luxury clothing company abandons fur
Trade, investment, pandemic response and joint efforts to combat climate change discussed at CBBC-hosted conference
Rescue consortium that also includes appliance-makers Midea and Haier takes 17% stake in beleaguered retail giant
Applicants to Harvard, Yale and MIT, many on scholarships, rejected under Trump-era proclamation, state media reports
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