After two days of meetings in Lima that rarely ventured beyond platitudes in discussing the strategies of the region’s major economies, the Asia-Pacific Economic Cooperation forum wrapped up on Saturday with a spirit of detente that many fear the summit may not see again for four years.

Xi Jinping's critique of protectionism offers a preview of how China will position itself once Donald Trump takes office.

White House national security adviser Jake Sullivan called competition with China a top concern as President Biden hands the reins to President-elect Trump. He said the meeting takes place during a “critical moment between the US and China” and will “ensure that we don’t run into any problems in the next two months in this transition of power.”