Biden and Xi shake hands as they meet on the sidelines of the APEC conference. Follow live updates

U.S. President Joe Biden and Chinese President Xi Jinping are stressing the need for their nations to strengthen mutual understanding while cautioning that their interests will sometimes conflict. The pair opened their face-to-face meeting Wednesday in the San Francisco Bay area with a solid handshake. Xi says, "Planet Earth is big enough for the two countries to succeed. And one country’s success is an opportunity for the other.” Biden says the purpose of the meeting is to “understand each other.” He says that he wants “no misconceptions or miscommunications” and that the two leaders have to “ensure that competition doesn’t veer into conflict.”