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Diminished Biden heads to APEC summit in Peru, overshadowed by China's Xi

Business Standard LogoBusiness Standard1w ago

Diminished Biden heads to APEC summit in Peru, overshadowed by China's Xi - Business Standard

Quick Summary:

The renewed prospect of Trump's America First doctrine hampers Biden's ability to reinforce the United States' profile on his first presidential trip to South America, experts say, leaving China and its leader, Xi Jinping, to grab the limelight in America's proverbial backyard.

Just as in 2016, the last time that Peru's capital Lima hosted APEC, Donald Trump's election victory has pulled the rug out from under a lame-duck Democrat at the high-profile summit attended by over a dozen world leaders.

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.No longer.


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Category: BusinessFinance

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News Sentiment: Positive

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Article Type: News Report

Published On: 2024-11-13 @ 11:49:30 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1216 words

Reading Time: 7 minutes read

Sentences: 42 lines

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Copyright Owner: © Business Standard

News ID: 23566503

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Official Website: business-standard.com

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