Shanghai Composite Index Fell 2.26% on Tuesday
Below is a rundown of the top China business and finance stories, plus other news for the day:
SEC says American oversight agency couldn’t fully review e-commerce giant’s fiscal 2022 books as negotiators appear deadlocked
As top U.S. lawmaker plans overnight stop on Asia tour, China’s military declares it’s ‘ready to battle’ as Foreign Ministry vows ‘serious consequence’
Sales of 100 of the country’s top property developers fell more than 28% from the previous month in July, following back-to-back monthly gains
The new guidelines could address the discrepancy in how the bonds are defined at home and abroad
The EV-maker is building a facility for producing power charging and battery swap stations
Zhang Jinhai, who was recently appointed to the state-owned insurer’s Communist Party committee, is currently chief of the company’s tech division
Vast, diverse region is strategically placed and promises dynamic growth, but it also may offer opportunities for superpower cooperation
The State Council said the exemption on the 10% tax will continue through to the end of 2023 in an abrupt U-turn likely to provide an added boon to the industry
In a race to develop advanced Covid inoculations, Chinese vaccine-makers lack technical expertise, ingredients, production equipment and delivery system
To fit the changing economy, the sector must do more to boost innovation and properly implement regulation, writes Huang Yiping
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