Xi, Biden attend Asia-Pacific summit, prepare to meet
The Hindu
Biden and Xi to meet at APEC summit amid Trump's confrontational stance on China, raising global economic concerns.
U.S. President Joe Biden and Chinese counterpart Xi Jinping will attend the first day of an Asia-Pacific leaders' summit Friday ahead of a face-to-face meeting under a cloud of diplomatic uncertainty cast by Donald Trump's election victory.
Mr. Biden and Mr. Xi are due to hold talks on Saturday, in what a U.S. administration official said will probably be the last meeting between the sitting leaders of the world's largest economies before Mr. Trump is sworn in in January.
With the Republican President-elect having signalled a confrontational approach to Beijing for his second term, the bilateral meeting will be a closely watched affair.
Mr. Xi and Mr. Biden arrived in Lima Thursday along with other world leaders for a two-day heads-of-state meeting of the Asia-Pacific Economic Cooperation (APEC) grouping.
APEC, created in 1989 with the goal of regional trade liberalization, brings together 21 economies that jointly represent about 60% of world GDP and over 40% of global commerce.
The summit program was to focus on trade and investment for what proponents dubbed inclusive growth.
But uncertainty over Trump's next moves now clouds the agenda — as it does for the COP29 climate talks underway in Azerbaijan, and a G20 summit in Rio de Janeiro next week.