EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • 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 Other

Xi, Biden to meet as Trump return looms

Andrew Murphy by Andrew Murphy
November 16, 2024
in Other
Reading Time: 7 mins read
A A
1
32
SHARES
401
VIEWS
Share on FacebookShare on Twitter

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

Lima (AFP) – US President Joe Biden and Chinese counterpart Xi Jinping will hold their last meeting Saturday, a day after both leaders warned of turbulent times ahead as Donald Trump returns to the White House. Both men arrived Saturday morning for the second and final day of an Asia-Pacific economic summit in Peru, overshadowed by the prospect of fresh trade wars and diplomatic upheaval when Trump starts his second term. 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 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit would focus on a “delicate period of transition” and ensuring that competition with China “doesn’t veer into conflict.”

Related

Brazil sells exploration rights to oil blocks near Amazon river mouth

Taiwan tests sea drones as China keeps up military pressure

G7 leaders urge Trump to ease off trade war

Oil prices jump, stocks drop as traders track Israel-Iran crisis

Oil prices rally, stocks mixed as traders track Israel-Iran crisis

Trump’s crushing election win over Democrat Kamala Harris sent shock waves around the globe and dominated the meeting of heads of state of the 21-member APEC group. Before their face-to-face meeting scheduled for 4:00 pm (2100 GMT), Biden and Xi were to take part in a closed-door “retreat” with other leaders from countries including Canada, Chile, Singapore, Australia, Malaysia, and Japan.

Xi and Biden, who will be meeting for the third time overall, have warned separately at the summit of choppy waters ahead. 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.

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 swathes 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.

© 2024 AFP

Tags: diplomacytradeUS-China relations
Share13Tweet8Share2Pin3Send
Previous Post

Farmers target PM Starmer in protest against new UK tax rules

Next Post

Macron to press Milei on climate action, multilateralism in Argentina talks

Andrew Murphy

Andrew Murphy

Related Posts

Other

Venezuela’s El Dorado, where gold is currency of the poor

June 17, 2025
Other

Oil prices jump after Trump’s warning, stocks extend gains

June 17, 2025
Other

Despite law, US TikTok ban likely to remain on hold

June 16, 2025
Other

OpenAI wins $200 mn contract with US military

June 16, 2025
Other

G7 leaders urge Trump to ease off trade war

June 17, 2025
Other

Struggling Gucci owner names new CEO

June 16, 2025
Next Post

Macron to press Milei on climate action, multilateralism in Argentina talks

China's Xi urges APEC unity in face of 'protectionism'

Biden arrives for final talks with Xi as Trump return looms

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

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
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

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

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

71

Stock markets waver, oil prices edge up

65

US retail sales slip more than expected after rush to beat tariffs

June 17, 2025

Taiwan tests sea drones as China keeps up military pressure

June 17, 2025

G7 leaders urge Trump to ease off trade war

June 17, 2025

Oil prices rally, stocks slide as traders track Israel-Iran crisis

June 17, 2025
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.