Biden's presidency has been characterized by a complex relationship with China, marked by both dialogue and significant tensions, particularly following incidents like the spy balloon incident and Nancy Pelosi's visit to Taiwan.
The upcoming Trump administration is likely to shift US-China relations towards a more adversarial approach, with key appointments indicating a hardline stance on China.
Xi's comments reflect a recognition of the delicate nature of US-China relations and the potential global ramifications of any deterioration in ties.
With Trump back in office, it is anticipated that US-China relations will experience increased tensions, particularly in trade and military posturing.
The potential for renewed trade wars and tariffs could emerge, reminiscent of Trump's first term, impacting global supply chains and economic stability.
China may seek to strengthen its alliances with other nations to counterbalance the anticipated US policies under Trump.
US President Joe Biden and Chinese President Xi Jinping held a significant meeting in Lima, Peru, on November 16, 2024, marking what may be their last discussion before Donald Trump assumes the presidency. The meeting occurred during the Asia-Pacific Economic Cooperation (APEC) summit, where both leaders addressed the importance of maintaining human control over nuclear weapons, emphasizing the need for responsible development of artificial intelligence in military applications.
Biden expressed a commitment to preventing competition between the US and China from escalating into conflict, highlighting the necessity of candid conversations to avoid miscalculations. He acknowledged the progress made in stabilizing US-China relations during his presidency, despite ongoing tensions.
Xi Jinping assured Biden of China's intention to ensure a smooth transition in relations with the incoming Trump administration, advocating for cooperation and communication to manage differences. He cautioned that the stability of US-China relations is crucial not only for both nations but also for global peace and development.
The backdrop of the meeting included concerns over Trump's return to power, which is expected to usher in a more confrontational approach towards China, reminiscent of his first term's trade wars and tariffs. Xi's remarks suggested a desire for continued dialogue, even as Trump’s administration is anticipated to adopt a tougher stance on China, potentially leading to a deterioration of relations.