Recent confirmation of a trilateral meeting among Trump, Putin, and Xi on the sidelines of the APEC summit in Shenzhen, China, has driven trader consensus toward that location. White House statements detail the planned session for late November 2026, with discussions focused on nuclear arms reductions and Iran, separate from parallel U.S.-Russia-Ukraine channels. This upcoming encounter on Chinese soil reflects established diplomatic scheduling and bilateral momentum between the U.S. and China. With probabilities above 90 percent, late disruptions such as sudden cancellations, health developments, or an unexpected bilateral session elsewhere before year-end remain the primary variables that could alter the outcome.