With Donald Trump's imminent return to the U.S. presidency looming over the Asia-Pacific Economic Cooperation (APEC) summit in Lima, Chinese President Xi Jinping said on Friday that unilateralism and protectionism needed to be rejected in favour of economic globalization.

US President Joe Biden and his Chinese counterpart Xi Jinping arrived in Peru Thursday for an Asia-Pacific summit where they will likely meet for the last time under a cloud of diplomatic uncertainty cast by Donald Trump's election victory.

"Biden's trip will be overshadowed very clearly by all of the things that Xi Jinping will be up to when he visits APEC," he said. "When Xi meets with Biden part of his audience is