Shanghai Composite Index Fell 0.15% on Thursday
Below is a rundown of the top China business and finance stories, plus other news for the day:
Purchase by city of Kaifeng aims to expand local subsidized housing supply while bolstering the ailing property market
Refunds of value-added taxes top $325 billion so far this year as government tries to buck up the slowing economy
Founder Luan Xiaoming plans to revive shipyard abandoned by bankrupt Rongsheng Heavy Industries, where he was a top executive
Fewer than one-third of the Southeast Asian nation’s micro, small, and midsize enterprises have undergone digitization
The tourism ministry abolished the ‘circuit breaker’ system that barred cross-region tours to a destination where any county or district had areas designated ‘middle-risk’ or ‘high-risk’ for Covid
Sichuan-based Luzhou Laojiao accused the e-commerce heavyweight of undermining its pricing power for selling one of its top-shelf brands at a discount
The Chinese carmaker says it had to postpone the planned listing because of how an investment in the subsidiary will affect its balance sheet
The relationship between the countries soured in recent years following disputes over trade and the Covid-19 pandemic
Former employers and suppliers demand $115 million, and the company has only 55 employees left, according to belated 2021 annual report
Chinese property giant takes advantage of stock rally to sell Hong Kong shares for repayment of offshore debts
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