In a significant meeting on the sidelines of the Asia-Pacific Economic Cooperation summit in Peru, Chinese leader Xi Jinping expressed his commitment to work with incoming US President Donald Trump during a discussion with current President Joe Biden. They acknowledged the complexities of US-China relations over the past four years but noted improvements in trade and Taiwan tension. Analysts anticipate increased volatility in these relations with Trump’s return, especially following his pledge for high tariffs on Chinese imports. Both leaders emphasized the importance of preventing strategic competition from escalating into conflict.