By Marco Aquino LIMA (Reuters) - Peru and China will sign an updated free-trade agreement during President Xi Jinping's upcoming visit to the Andean nation that would boost commerce by at least 50% between the countries,

If things had gone differently last week, U.S. President Joe Biden could have arrived at the Asia-Pacific Economic Cooperation forum in Peru on Thursday projecting confidence and pledging his successor’s cooperation with eager Latin American partners.

The Chinese leader is due to inaugurate a $1.3 billion megaport that is expected to become a hub for South America-Asia trade.