President Xi Jinping announced that China will host the Asia Pacific Economic Cooperation summit in 2026, which would bring leaders from the 21-member group — including potentially US President-elect Donald Trump — to the world’s second-biggest economy.

Lin Hsin-i, Taiwan's representative at the Asia-Pacific Economic Cooperation (APEC) forum in Lima, said on Saturday that he greeted China's President Xi Jinping with a wave, but there was no handshake or conversation,

We are the most important alliance – or the most important relationship in the entire world, and how we’re getting along together can impact the rest of the world,” Biden said.