China’s benchmark Shanghai Composite Index (000001.SH) gained 0.32% on Monday, while the Shenzhen Component Index (399001.SZ) rose 0.32%.
Shanghai’s tech-heavy STAR 50 Index (000688.SH) gained 0.7% for the day, while Shenzhen’s similar ChiNext Index (399006.SZ) rose 0.89%.
Below is a rundown of the top China business and finance stories, plus other news for the day:
· Cover Story: The Beginning of the End of the Post-Cold War World Order
Russia’s attack on Ukraine grows out of growing unease over NATO’s eastward expansion in the decades since the collapse of the Soviet Union
· Chinese Envoy Reaffirms Respect for Ukraine Sovereignty, Assures Countrymen of Safe Evacuation
Fan Xianrong rebuts rumors that he had left the besieged capital, and reassured his fellow countrymen that there would be a safe evacuation from the country when it is safe to do so
· China Abstains as Russia Vetoes U.N. Resolution on Ukraine
A Security Council resolution sought to condemn Russia’s attack on Ukraine and called for the immediate withdrawal of its forces
· Chinese Embassy in Ukraine Urges Its Citizens Not to Reveal Their Identity
Advice is reversal from days earlier when Beijing’s diplomatic mission recommended its around 6,000 nationals in the country display the Chinese flag on their vehicles
· Inactivated Covid-19 Vaccines May Contaminate Inoculation Sites, China Study Says
Some of those handling or administering the shots initially returned false positive test results, which could lead to unnecessary containment measures and massive economic losses
· Weekly Must-Read: How the Balance of Power Over Ukraine Shattered Overnight
China urges restraint after Putin recognizes the independence of two separatist regions established by pro-Russian forces
· Weekend Long Read: The Weaknesses of New Structural Economics Theory’s Explanation of China’s Growth
The theory can’t help us figure out how China should make strategic and countermeasure arrangements to maintain an ideal growth rate, writes a former Central Party School economist
· U.S. Probe Casts Shadow Over Morgan Stanley’s China Expansion
CSRC demands information on SEC inquiry into block trades that are big enough to move markets as financial giant seeks 85% control of China fund venture
· Update: Xi Speaks to Putin by Phone, Urges Negotiation Over Ukraine
Russian president reiterates grievance about NATO expansion, but says Moscow is willing to negotiate with Kyiv
· Opinion: Ukraine Is Only the Start as Putin Reasserts Control of Eastern Europe
In toppling the post-World War II international order, Putin moves to reorganize Eastern Europe and re-impose Russia’s influence over the former Soviet states
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