Nov 18 – Chinese President Xi Jinping met with U.S. President Joe Biden in Lima, Peru, on Saturday local time. Both said their meeting was candid, profound and constructive, and expressed their willingness to stay in contact. The two presidents spoke positively about the important role of China-U.S. strategic communication, regular contact between the respective diplomatic and security teams, and dialogue mechanisms on mil-to-mil relations, economic and trade ties, and financial issues. They reiterated the seven-point common understandings on the guiding principles for China-U.S. relations, namely treating each other with respect, finding a way to live alongside each other peacefully, maintaining open lines of communication, preventing conflict, upholding the United Nations Charter, cooperating in areas of shared interest and responsibly managing competitive aspects of the relationship. The two sides are ready