China's Xi arrives in Peru for APEC summit, Biden meeting

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China's Xi arrives in Peru for APEC summit, Biden meeting
Xi Jinping
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LIMA: Chinese President Xi Jinping arrived in Peru Thursday (Nov 14) for an Asia-Pacific summit where he will meet US counterpart Joe Biden under the shadow of a looming trade war with the incoming administration of Donald Trump.

Police officers stand guard outside of the National Congress as members of unions and social organizations, protest as part of a 3-day national strike, on the sidelines of the Asia-Pacific Economic Cooperation summit, in Lima, Peru Nov 13, 2024.

Biden and Xi are due to hold a bilateral Saturday, in what a US administration official said will likely be the last meeting between the sitting leaders of the world's largest economies before Biden hands the reins back to Trump.APEC over, Taiwan reports renewed Chinese military activity It threatens alliances Biden had built on issues ranging from the wars in Ukraine and the Middle East to climate change and trade.

But economists say punitive levies will also harm the American economy and affect trade with its neighbors and with Europe.China is an ally of Western pariahs Russia and North Korea, and is building up its own military capacity while ramping up pressure on Taiwan, which it claims as part of its territory.

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