Biden and Xi recently met at the APEC Summit in Lima, Peru, where they discussed the complexities of the U.S.-China relationship.

Meeting at APEC Summit

On November 16, 2024, Biden and Xi had their last meeting before the transition to a new U.S. administration under President-elect Donald Trump. During the meeting, Xi emphasized the importance of maintaining a stable relationship between the two nations. He highlighted the need for ongoing communication, expanded cooperation, and effective management of differences.

The leaders addressed various issues, including China's support for Russia, human rights concerns, technological competition, and the status of Taiwan.

Uncertainty in U.S.-China Relations

The future of U.S.-China relations is uncertain, particularly with Trump's promises of imposing tariffs on Chinese imports. This potential shift has already led American companies to diversify their supply chains away from China.

Security Concerns and North Korea

Biden also addressed security concerns, particularly regarding North Korea's military cooperation with Russia. He called for China to play a more active role in mitigating North Korea's threats.

Challenges to Global Stability

The implications of these developments extend beyond regional security and pose challenges to global stability and economic interests. The U.S. and China must navigate this complex landscape, finding a balance between competition and cooperation to shape the future of international relations and global economic stability.