EconomyLens.com
No Result
View All Result
Saturday, March 7, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Biden arrives for final talks with Xi as Trump return looms

Emma Reilly by Emma Reilly
November 16, 2024
in Economy
Reading Time: 8 mins read
A A
2
104
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

Biden and Xi will be meeting for the third time. ©AFP

Lima (AFP) – US President Joe Biden arrived at a Lima hotel Saturday for his final encounter with Chinese counterpart Xi Jinping, a day after both leaders warned of turbulent times ahead as Donald Trump returns to the White House. Biden’s motorcade arrived shortly before 4:00 pm (2100 GMT) at Xi’s hotel in the Peruvian capital, where both had attended an Asia-Pacific Economic Cooperation (APEC) summit overshadowed by the prospect of fresh trade wars and diplomatic upheaval when Trump starts his second term in January.

Related

Venezuela inflation hit 475% in 2025, the world’s highest level

Swiss eyeing fewer F-35 fighters, reshaping defence set-up

War in Middle East raises stagflation fears in Europe and beyond

Securing shipping lane from Mideast war ‘challenging’, say experts

US retail sales decline as consumer pullback deepens

Trump’s comeback has cast a cloud of uncertainty over efforts — launched at a historic meeting between Xi and Biden in California a year ago — to ease a tense relationship between Washington and Beijing. The White House said Saturday’s Xi-Biden meeting would focus on a “delicate period of transition” and ensuring that competition with China “doesn’t veer into conflict.” Trump’s crushing election win over Democrat Kamala Harris sent shock waves around the globe and dominated the two-day meeting of heads of state of the 21-member APEC group.

Before their face-to-face, Biden and Xi took part in a closed-door “retreat” with other APEC leaders from countries including Canada, Chile, Singapore, Australia, Malaysia, and Japan. Russia was represented by a deputy prime minister.

– ‘Significant political change’ –

Xi and Biden, who were meeting for the third time overall, have warned separately at the summit of choppy waters ahead in a time of global uncertainty. The Chinese president reiterated concerns Saturday about mounting “protectionism” and urged APEC nations to “unite and cooperate,” in remarks distributed by state broadcaster CCTV. Biden said Friday the world had “reached a moment of significant political change.”

Billionaire Republican Trump has signaled a confrontational approach to Beijing, threatening to impose tariffs of up to 60 percent on imports of Chinese goods to even out what he says is a trade imbalance. He has also named two major China hawks in his top team, including Marco Rubio for secretary of state. As Biden raced to salvage what he can of his foreign policy legacy, he met Friday with the leaders of Japan and South Korea — key US allies in Asia.

Biden said strong US ties with the two countries were essential for “countering North Korea’s dangerous and destabilizing cooperation with Russia” as Pyongyang sends troops to fight in Ukraine.

– Alliances at risk –

The return of Trump’s “America First” policies threatens alliances Biden has built on issues ranging from the wars in Ukraine and the Middle East to climate change and trade. During his first term, Trump threatened to cut US defense commitments to Asian and European allies if they did not carry a larger share of the financial burden for their protection.

Economists say Trump’s threat of punitive tariffs would harm not only China’s economy but also that of the United States and its trading partners. It could also threaten geopolitical stability. China is building up its military capacity while ramping up pressure on self-governed Taiwan, which it claims as part of its territory. US National Security Advisor Jake Sullivan said Xi and Biden would discuss Taiwan and tensions in the South China Sea, where Beijing claims large swaths of maritime territory.

Japanese Prime Minister Shigeru Ishiba had expressed “serious concerns over the Chinese military’s growing activity” in a meeting with Xi at the APEC summit, the foreign ministry in Tokyo said.

The summit officially concluded Saturday with consensus on a so-called “Lima Road Map” aimed at integrating self-employed people in the APEC region into the formal global economy. “It is considered the most important deliverable of APEC Peru 2024,” host President Dina Boluarte told reporters.

After the APEC summit, worry over Trump’s next moves will continue to cast a pall over the international diplomatic agenda at climate talks underway in Azerbaijan and for a G20 summit in Rio de Janeiro next week that Biden and Xi will also attend.

© 2024 AFP

Tags: diplomacytradeUS-China relations
Share42Tweet26Share7Pin9Send
Previous Post

China’s Xi urges APEC unity in face of ‘protectionism’

Next Post

Xi tells Biden will seek ‘smooth transition’ in US-China ties

Emma Reilly

Emma Reilly

Related Posts

Economy

Iceland proposes August 29 referendum on resuming EU membership talks

March 6, 2026
Economy

US, Venezuela restore ties as Washington pushes for minerals access

March 6, 2026
Economy

EU to ban plant-based ‘bacon’ but veggie ‘burgers’ survive chop

March 5, 2026
Economy

EU to ban plant-based ‘bacon’ but veggie ‘burgers’ survive chop

March 5, 2026
Economy

Israel tells Beirut suburb to evacuate as Mideast war spirals

March 5, 2026
Economy

After oil, US moves to secure access to Venezuelan minerals

March 4, 2026
Next Post

Xi tells Biden will seek 'smooth transition' in US-China ties

Trump taps fracking magnate and climate skeptic as energy chief

Xi tells Biden ready for 'smooth transition' to Trump

Climate finance can be hard sell, says aide to banks and PMs

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

81

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Netanyahu vows to press Iran war as Trump honors slain US troops

March 7, 2026

Netanyahu vows to carry on war, ‘eradicate Iranian regime’

March 7, 2026

Iran fires at Gulf neighbours as Trump threatens more strikes

March 7, 2026

Women rule the roost atop the Gdansk shipyard cranes

March 7, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.