Recent statements from President Trump and Kremlin officials have driven overwhelming market consensus toward China as the site of the next Trump-Putin meeting. Trump indicated he expects bilateral and trilateral discussions with Vladimir Putin and Xi Jinping during the APEC leaders’ summit scheduled for November 18-19 in Shenzhen, with topics including arms control and regional conflicts. Russian spokespeople confirmed active coordination for such a gathering on the sidelines, consistent with earlier proposals from Moscow. This positioning aligns with the summit’s timing and location as a neutral multilateral venue where all three leaders are already planning attendance. Shifts could occur if logistical details change, bilateral talks proceed separately beforehand, or the summit produces no confirmed bilateral encounter by year-end.