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.

U.S. President Joe Biden will meet Chinese counterpart Xi Jinping for likely the final time on Saturday, senior administration officials said, as Beijing prepares for a potentially more confrontational period with Washington under Donald Trump.

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.

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,

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.