Outgoing US President Joe Biden will meet his Chinese counterpart Xi Jinping in Peru on November 16 on the sidelines of an international summit, during which the two leaders expect to review the bilateral relations, the White House said, reported from the Business Standard.

"We expect the president will use the opportunity to take stock of efforts to responsibly manage competition over the last four years, how the two countries have advanced areas of shared interest, and, even amidst deep differences and intense competition, have worked to do so," a senior administration official said.

The two leaders are scheduled to meet on November 16 at Lima, the capital of Peru, on the sidelines of the Asia-Pacific Economic Cooperation Summit. The meeting would come just over two months before Donald Trump's return to the White House.

This will be their third in-person meeting since Biden entered office. They previously met in Bali, in 2022, on the margins of the G20, and at Woodside, California in 2023, on the margins of APEC.

The two presidents have known each other for more than a decade, dating back to when they were both vice presidents, and have spent many hours in meetings together.

"We expect this will be their last meeting as presidents," said the official.

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