President Xi Jinping on Thursday inaugurated Latin America's first Beijing-funded port in Chancay, Peru -- a symbol of China's growing influence on

President Xi Jinping on Thursday inaugurated Latin America's first Chinese-funded port in Chancay, Peru -- a symbol of Beijing's growing influence on

President Joe Biden is planning to meet Saturday with Chinese President Xi Jinping during a trip to Lima, Peru, according to White House officials, in what amounts to a final meeting between two leaders of superpowers amid a period of significant transition that could alter that relationship.

Chinese President Xi Jinping and Peruvian counterpart Dina Boluarte inaugurated a $1.3 billion port that could transform South American trade with Asia just as Beijing prepares for a potential trade war with the US.