Shanghai Composite Index Fell 1.2% on Monday

China’s benchmark Shanghai Composite Index (000001.SH) lost 1.2% on Monday, while the Shenzhen Component Index (399001.SZ) fell 0.4%.

Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.09% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.83%.

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

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1: Cover Story: How the Yuan is Taking Over the Dollar’s Role in Global Trade

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