Tuesday was the deadline for application to become a founding member of the Asian Infrastructure Investment Bank. Now, all eyes are focused on how the bank will be run.

Just as news of the abrupt cancellation of CRCC's contract in Mexico was beginning to die down, China's Silk Road project again turned the global spotlight on the nation's involvement in overseas development projects.

Unexpected twists in Sino-US relations were the highlight of last week's Apec summit in Beijing. Ties between the two nations warmed during the meeting as the two heads of state, Barack Obama and Xi Jinping, held candid talks.

Thirteen years after China first hosted the Asia-Pacific Economic Cooperation forum, the region's leaders were again gathered in the country.

Changes to China's tax and fiscal framework have become the vanguard for the "deep and comprehensive" reforms the country has pledged in an effort to overhaul its economy and society.

The Communist Party's fourth plenum last week did not end with an announcement on a reshuffle in the People's Liberation Army. Instead, party leaders adopted a decision on the "major issues concerning comprehensively advancing the rule of law".

China's top leaders have been meeting this week on how to strengthen the rule of law. At the fourth plenum of the Communist Party's 18th Central Committee, the focus has been to improve the institutions that safeguard the abuse of power.

China's securities law is to undergo a comprehensive revision - almost a decade after the last major overhaul. Public consultation is due to start in the first half of next year, following recent comments from officials, scholars and market participants.