Biden attends APEC summit in Peru as China's Xi strengthens regional ties

U.S. President Joe Biden is attending the APEC summit in Peru amid challenges to U.S. influence from China. His arrival is overshadowed by the anticipated return of Donald Trump, which complicates Biden's efforts to strengthen ties with Latin America. China's President Xi Jinping will inaugurate a $1.3 billion megaport in Peru, highlighting China's growing presence in the region. This development contrasts with Biden's diminished standing, as experts note that Latin American countries are increasingly viewing China as a preferred partner. Despite U.S. concerns over Chinese investments, particularly in telecommunications and infrastructure, the U.S. has struggled to match China's engagement in Latin America. Analysts expect the competition between the U.S. and China to dominate discussions at the summit.