Xi Jinping’s visit for summits and the inauguration of a port illustrates what some have called China’s economic marginalization of the U.S. in the region.

As a deflated Biden and Xi both arrive in Peru for the summit, the prospect of growing US isolationism will loom over discussions.

The APEC meetings will serve as a catalyst for deeper economic integration between China and Latin America, fostering increased trade and investment by air and sea, as well as virtually, in a mutually beneficial relationship that promotes trade, investment and shared prosperity, he added.