Below is a rundown of the top China business and finance stories, plus other news for the day:
Hundreds of landscapers, construction companies and other suppliers to China’s real estate industry say builders still owe them money
CBIRC reports on continuing efforts to wring out risks associated with shadow banking and vows to cast a jaundiced eye on risky financial innovation
Authorities throw in the towel on centralized quarantine as it’s ‘not particularly effective’ in slowing the spread of highly infectious BA.4 and BA.5 variants
First state visit by a foreign leader in two years will involve in-depth exchanges on bilateral relations and international issues
Regulators clear 20 new projects to add 125 million tons of annual capacity as government shoots for 300 million-ton expansion
China’s Ambassador to the U.S. Qin Gang reiterates China’s goal of a ‘peaceful reunification’ of Taiwan at a security forum in Colorado
Huanhe, which was set up less than a year ago, is also adjusting its strategy to avoid regulatory risks, sources told Caixin
Since early June, there have been six meetings of senior officials, showing willingness to rebuild lines of communication and manage frosty bilateral ties
The announcement follows Chen Yong’s elevation to the city procuratorate’s top Communist Party job last week
Structure to keep water from draining into the Yangtze River during the winter would affect 1 million migratory birds, endangered finless dolphins, fish and plant life
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