According to the Financial Times, US, Chinese and Russian officials are exploring the possibility of holding a trilateral summit between Presidents Trump, Xi Jinping and Vladimir Putin during the Asia Pacific Economic Cooperation (APEC) summit to be held in Shenzhen later this month. The talks are serious, with Washington and Moscow insisting that Beijing host the summit, which would be the first meeting between the three leaders. However, China has not yet decided whether to continue with the program, and it is not yet clear whether the talks are being held jointly or separately. Russian officials do not expect substantive discussions on Ukraine, as they believe Beijing prefers to avoid a leadership role in the peace talks until an agreement is reached.