After two days of meetings in Lima that rarely ventured beyond platitudes in discussing the strategies of the region’s major economies, the Asia-Pacific Economic Cooperation forum wrapped up on Saturday with a spirit of detente that many fear the summit may not see again for four years.

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.

Joe Biden met Chinese counterpart Xi Jinping for the final time as president Saturday in Peru as the specter of Donald Trump's return to the White House took center stage at the Asia-Pacific economic summit.