As leaders from across the world gather for two major summits in South America in the coming days, the uncertainty brought by Donald Trump’s impending return to the White House is expected to loom large.

President Biden is at the APEC summit in Lima, Peru, where he will meet with China's Xi Jinping. CBS News' Natalie Brand has the latest on the significance of the meeting and more details on President-elect Donald Trump's chat with Mr.

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.

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.

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.

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

Peru - Recent The Republic of Peru stands out as one of the first Latin American countries to establish diplomatic ties and a comprehensive strategic partnership with the People's Republic of China, with the two countries witnessing ever-growing cooperation in various sectors over the past several decades.

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.