Foreign firms have been particularly concerned about stepping over the line while dealing with Chinese regulators, amid Beijing’s crackdowns on due diligence and consultancy firms

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

The pledge comes amid Chinese president Xi Jinping's increased focus on national security risks within the party, government, and large industries

The ban is reportedly connected to Beijing’s investigation into top tech dealmaker Bao Fan, whose disappearance early this year shook the business community in China.

The announcements come on the heels of a series of nationwide support measures announced by Beijing for the property sector

China's consumer prices returned to positive territory while factory-gate price declines slowed, pointing to signs of stabilisation in the economy

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"

The country's central bank also said it would stick to the principle that houses are for living in and not vehicles for speculation

The more than 300-page document mentioned "PRC" 130 times and "China" 222 times, as it outlined risks and uncertainties emanating from the ongoing chip war between Beijing and the West

Earlier this month, China called on all its citizens to be spies for the country, alarming the United States

Country Garden, facing $192 billion worth of debt, is saddled with nearly 1 million unfinished homes in 3,121 projects spread across all of China's provinces