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

This is the second appeal for calm by the Chinese president, in a little over a month, amid a bitter technology and trade war between the world’s two biggest economies

As many US firms weigh the risks of keeping their businesses within the factory floor of the world, others are dealing with a relentless operational dependance on China

US Senate leader Chuck Schumer’s bipartisan congressional delegation hopes to meet Chinese President Xi Jinping, ahead of visits to South Korea and Japan

While the planned diplomatic exchanges are aimed, in part, at restoring ties, Xi is also said to be hoping they will slow down Washington’s trade and tech war targeting Beijing

Washington’s ‘Chips and Science’ law will offer huge subsidies for US semiconductor production, research and workforce development

The Chinese president’s statements come amid increasing efforts on both sides to simmer down tensions and have rekindled hopes of Xi-Biden meeting later this year

Senior executives from chipmakers including Intel, GlobalFoundries, Amkor and Marvell are expected to attend a business meeting on Monday in Hanoi

The sweeping deal aims to link South Asia and the Middle East to help the flow of energy and trade from the Gulf to Europe

While India and the US are not formal treaty-bound allies, Washington wants New Delhi to be a strategic counterweight to China

The 100-million-people country has only 5,000 to 6,000 trained hardware engineers for the chip sector, against expected demand of 20,000 in five years