President Joe Biden will meet for a final time this week with Chinese President Xi Jinping as he prepares to hand over power — and the reins of the world’s most consequential bilateral relationship — to president-elect Trump in January.

President Joe Biden will hold talks Saturday with China's Xi Jinping on the sidelines of an international summit in Peru, a face-to-face meeting that comes as Beijing braces for Donald Trump's return to the White House.

The meeting with President Xi Jinping comes as President-elect Donald J. Trump has promised a much more aggressive approach to China that includes vast tariffs on Chinese goods.

By Marco Aquino LIMA (Reuters) -Peru and China will sign an updated free-trade agreement during President Xi Jinping's upcoming visit to the Andean nation that would boost commerce by at least 50% between the countries,

If things had gone differently last week, U.S. President Joe Biden could have arrived at the Asia-Pacific Economic Cooperation forum in Peru on Thursday projecting confidence and pledging his successor’s cooperation with eager Latin American partners.

He is due to inaugurate a $1.3 billion megaport that is expected to become a hub for South America-Asia trade.

Chinese leader Xi Jinping headed to Peru on Wednesday, bound for a meeting of Asia-Pacific Economic Cooperation (APEC) organisation leaders overshadowed by fears of renewed global trade tensions under Donald Trump.