 
 
							China’s blue-chip CSI300 Index has dropped to nine-month lows, and is down 11% from an April peak
 
 
							The US commerce secretary said she would tell Chinese officials, "when it comes to national security we don't negotiate. We don't give concessions. We don't compromise"
 
 
							On Friday, Evergrande said it had "adequately" fulfilled exchange guidance for the resumption of trade of its Hong Kong-listed stock
 
 
							The country's central bank also said it would stick to the principle that houses are for living in and not vehicles for speculation
 
 
							Xi was the only state leader personally received by President Cyril Ramaphosa at the airport; in contrast Indian prime minister Narendra Modi was met by Ramaphosa’s deputy
 
 
							A new study by a US medical research centre suggests 1.9 million people died after China suddenly dropped its Covid-19 restrictions late last year. Beijing has never revealed the full death toll.
 
 
							Japan’s Nikkei 225 slumped by over 2%, while Hong Kong’s Hang Seng and South Korea’s KOSPI were down 2% and 0.7%, amid fears of more hawkish signals from the Fed later today
 
 
							Two-way trade between China and the US plunged 19.6% in the first half of this year, down $67.6 billion from the same period in 2022, amid increasing regionalization by both superpowers
 
 
							The PBOC ordered local banks to restrict southbound purchases under the Bond Connect scheme, in a bid to limit the supply of yuan offshore, sources say
 
 
							Chinese regulators and finance officials submitted a proposal to Cabinet this month to slash the 0.1% stamp duty on domestic stock trading to revive the country's struggling markets
 
 
							Three years of Covid restrictions have changed Chinese citizens' spending habits, but Beijing faces tough decisions now on how to boost consumption
 
 
							Modest rate cuts and vague promises of support for debt-mired developers have failed to restore sentiment; fund managers say they need to see more state money flowing before they return