Biden and Xi prepare for key talks at Asia-Pacific summit in Lima

thehindu.com

U.S. President Joe Biden and Chinese President Xi Jinping are set to meet on Saturday during the Asia-Pacific Economic Cooperation (APEC) summit in Lima. This meeting is expected to be their last before Donald Trump takes office in January. The summit focuses on trade and investment, but Trump's election has created uncertainty. He has indicated a confrontational stance towards China, including potential tariffs on Chinese goods, which could impact both economies. Biden will also meet with leaders from Japan and South Korea to strengthen alliances in Asia. Meanwhile, China continues to expand its influence in Latin America, recently inaugurating a Chinese-funded port in Peru.


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