Biden attends APEC summit in Peru as China's Xi gains influence

livemint.com

U.S. President Joe Biden is attending the APEC summit in Peru, facing challenges due to the recent election of Donald Trump. This situation contrasts with Biden's earlier hopes to strengthen U.S. ties in Latin America. China's President Xi Jinping is set to inaugurate a $1.3 billion megaport in Peru, highlighting China's growing influence in the region. This development comes as U.S. engagement appears diminished, with experts noting a shift in Latin America's alignment. Biden will meet Xi during the summit, but the focus is expected to be on China's initiatives. Analysts suggest that the competition between the U.S. and China will dominate discussions at APEC, overshadowing Biden's agenda.


With a significance score of 4.6, this news ranks in the top 5% of today's 18017 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.