Good morning and welcome to the second issue of the Axios China weekly newsletter. There will be no newsletter next Friday as we will be sleeping off Thanksgiving.

President Trump is back from his 12 day Asia trip, including a "state visit plus" in China. Expectation were low but the trip overall was not as bad as some have claimed.

And, just a reminder that today is the last day of charter pricing for my daily Sinocism China Newsletter. The price jumps Saturday at midnight. So if you want more than a weekly dose of China from me please subscribe here. Thanks for reading.