President Joe Biden is attending the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Peru, marking one of his last international engagements before the transition to President-elect Donald Trump. Biden's meeting with Chinese President Xi Jinping is highly anticipated as it will be their last as leaders of the world's two largest economies, amid Trump's confrontational stance towards Beijing. Trump's election has shifted global focus, with leaders preparing for potential changes in U.S. foreign policy, particularly concerning trade and international alliances. Meanwhile, Trump has signaled significant policy shifts, including appointing Sen. Marco Rubio as Secretary of State, known for his tough stance on China. Trump's return to power has already influenced geopolitical dynamics, with countries like China and Israel adjusting their strategies. Despite being a 'lame duck', Biden aims to consolidate his foreign policy legacy, emphasizing stability and cooperation with allies.