Speaking at a press conference, Lin, chairman of government-backed investment fund Taiwania Capital and also a former economy minister, said that while Taiwan had bilateral talks with many APEC members, with Xi there was just a greeting gesture across the room where leaders were gathered.

Taiwan's representative at an Asia-Pacific summit met U.S. President Joe Biden on Friday and invited him to visit Taiwan in the near future, with the two men having a "lively" exchange of views, the island's delegation to the summit said.