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.

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 hold talks Saturday with China's Xi Jinping on the sidelines of an international summit in Peru, a face-to-face meeting that comes as Beijing braces for Donald Trump's return to the White House.

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

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.