In their final meeting, China's leader Xi Jinping told President Biden that his nation was "ready to work with a new administration."

We are the most important alliance – or the most important relationship in the entire world, and how we’re getting along together can impact the rest of the world,” Biden said.

President Xi Jinping announced that China will host the Asia Pacific Economic Cooperation summit in 2026, which would bring leaders from the 21-member group — including potentially US President-elect Donald Trump — to the world’s second-biggest economy.