Shanghai Composite Index Fell 0.96% on Friday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Electric-car sales at home and abroad soar; lithium prices set a record; PetroChina profits surge fivefold
Suspensions affect 182 international flights already this year as China scrambles to contain virus flare-ups ahead of Olympics
Tong Daochi, accused of using his positions to offer business favors and promotions, is to be sentenced later
U.K. court rules against Chinese broadcaster in dispute over payments for rights to air matches after the soccer league suspended play amid the pandemic in 2020
A new plan aims for the contribution of core industries in the sector to reach 10% of GDP by 2025
The slump in the country’s seemingly invincible market has taken toll on property brokers, which have suffered mass layoffs and falling revenue since the second half of 2021
After years of delays, the troubled automaker says it produced its first electric vehicle 12 days ahead of schedule
Curriculum subjects are still on offer by institutions eager to skirt new rules as tutoring industry turns nonprofit
The state-owned automaker estimates its 2021 earnings jumped as much as 27% as sales of its EV subsidiary took off
Battery-trade lithium carbonate hits $49,600 a ton, up almost a third in a month, amid surging demand from the booming EV industry
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