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Xi Jinping, China's president, right, and Gabriel Boric, Chile's president, left, during the Asia-Pacific Economic Cooperation (APEC) informal dialogue and working lunch in San Francisco, California, US, on Thursday, Nov. 16, 2023. Presidents Joe Biden and Xi Jinping emerged from their first meeting in a year betting that a handful of small victories will arrest a surge in US-China tensions that has unnerved neighboring nations and threatened global economic growth. Photographer: Philip Pacheco/Bloomberg via Getty Images

Xi Jinping, China's president, right, and Gabriel Boric, Chile's president, left, during the Asia-Pacific Economic Cooperation (APEC) informal dialogue and working lunch in San Francisco, California, US, on Thursday, Nov. 16, 2023. Presidents Joe Biden and Xi Jinping emerged from their first meeting in a year betting that a handful of small victories will arrest a surge in US-China tensions that has unnerved neighboring nations and threatened global economic growth. Photographer: Philip Pacheco/Bloomberg via Getty Images