Leaders from around the world are gearing up for two major summits in South America, with the looming uncertainty of Donald Trump's return to the White House expected to have a significant impact. The global economy and conflicts in Europe and the Middle East are among the key concerns as many ponder the implications of Trump's 'America First' agenda.
China, in particular, is bracing for potentially strained relations with the United States. Chinese leader Xi Jinping sees the upcoming gatherings as an opportunity to advance Beijing's objectives by positioning China as a stable leader and driving a wedge between the US and its allies.
The APEC summit of 21 Asia-Pacific economies in Peru and the G20 meeting in Brazil will be crucial for China to navigate the challenges ahead, especially with the threat of heavy tariffs and uncertainty under Trump's potential second term.
Trump's trade and tech war with China during his first term set the stage for ongoing tensions, a path that President Joe Biden has continued. The presence of leaders like Biden, Japanese Prime Minister Shigeru Ishiba, and Australian Prime Minister Anthony Albanese at the upcoming summits underscores the significance of these diplomatic events.
China aims to shape international narratives and maintain stability in its relationship with the US, as highlighted by Xi's recent message to Trump emphasizing cooperation over confrontation. Beijing is also focused on fostering good relations with a wide range of countries to safeguard its economy amid domestic challenges.
As global uncertainty persists, China sees an opportunity to leverage its relationships with US allies and partners, potentially weakening the coordinated efforts against China that had been gaining momentum under Biden's administration.
Beijing has taken steps to strengthen ties with key allies and partners, such as opening visa-free entry for citizens of European countries and engaging in significant bilateral meetings with leaders like Modi of India. China's commitment to further opening its market signals its readiness to embrace global opportunities.
