Shanghai Composite Index Fell 0.33% on Tuesday

China’s benchmark Shanghai Composite Index (000001.SH) lost 0.33% on Tuesday, while the Shenzhen Component Index (399001.SZ) fell 0.15%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) lost 0.79% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) fell 0.24%.

Below is a rundown of the top China business and finance stories, plus other news for the day:

· Xi Tells Biden That China and U.S. Should Respect Each Other and Cooperate