Biden meets Xi in Peru and mistakenly calls U.S. alliance with China before correcting himself

President Joe Biden met with Chinese President Xi Jinping in Lima, Peru, for their final talks. During the meeting, Biden mistakenly referred to an "alliance" with China but quickly corrected himself, emphasizing the need for diplomacy to manage competition. Xi acknowledged the recent U.S. elections and expressed China's desire for a stable relationship with the new U.S. administration. He stated that China is ready to work together to maintain communication and cooperation. The meeting took place at the Chinese delegation's hotel, as it was China's turn to host. Biden also had brief interactions with Taiwanese representatives, which were downplayed by U.S. officials amid ongoing tensions over Taiwan.