Shanghai Composite Index Fell 0.17% on Wednesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Closing of low-profit operation after 26 years takes place amid shift in Asian shipbuilding as South Korea and China pursue expansion strategies
Open letter to attorney general signed by 177 faculty members says Trump-era China Initiative reflects racial profiling
State Council clears electrical-gear combination of Xidian, Pinggao and Baoguang Vacuum Electronic Apparatus as part of a long-running industry overhaul
Lenders ordered to close loopholes that are allowing local governments and their financing vehicles to skirt borrowing limits
Internet giant describes how its algorithms work, promises to tweak them to ease pressure on drivers
New factory will be built in cooperation with the city of Yichun in mineral-rich Jiangxi province
Zhang Yujun was put under investigation and removed as assistant chairman of the stock market watchdog in 2015
Meituan reveals how it sets delivery times, Baidu brings robotaxis to Shanghai
Xiamen reports 32 new Covid cases, Xiaomi acts to prevent phone smuggling abroad
Switch to ‘Taiwan Representative Office’ would be a violation of ‘One China’ policy, foreign ministry official says
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