In attendance at the summit will be Goldman Sachs Chief Executive David Solomon, Morgan Stanley boss James Gorman and Citigroup's Jane Fraser, among others

A month-end scramble for cash and a flood of government bond sales triggered an overnight record surge in rate for pledged repo on October 31

At a twice-a-decade financial policy meeting this week, Beijing vowed to uphold the centralised and unified leadership of the CCP on China's financial work

The Biden administration sees direct leader-level engagement with Xi as particularly important in managing US-China tensions

Wang, who is in the US until Saturday, is also set to meet Biden's national security adviser, Jake Sullivan, at the White House

A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry

ASML detailed the chip technology theft, which happened in 2022, in part of its annual report in February this year

China is the world's top graphite exporter and refines more than 90% of the world's graphite into the material used in virtually all EV batteries

Chinese foundries that would earlier use only a small amount of equipment from domestic firms, now want "as few foreign machines as feasible"

Analysts say BRI’s shift from investment intensive projects like dams to high-tech ones comes amid Xi's push to export Chinese ideas about governance

China's deepening property crisis has added to the pressure on local municipalities, with developers in no shape to buy new plots of land and provide some revenue

Liu Liange is the latest influential Chinese figure from the $57 trillion financial industry to face scrutiny amid Xi Jinping’s signature anti-graft campaign