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Good morning, winter is finally here in D.C. Situational awareness: A Chinese envoy is in town working to defuse tensions over North Korea and trade but will likely return to Beijing unsatisfied. The Chinese government is about to convene its annual economic conclave to set the agenda for 2018. Don't expect any surprises.

Event: Join Axios' Mike Allen for breakfast in D.C. on Monday morning when Axios "Harder Line" energy columnist Amy Harder leads a conversation about energy under President Trump. Check out the lineup and RSVP here.

Please send me comments and feedback by replying to this email, contacting me at bill.bishop@axios.com or signal +13012460858. If you want more than a weekly dose of China from me please subscribe to the Sinocism China Newsletter here. FYI – I'm taking off for the holidays next Friday but I will return after Christmas. Happy Holidays and thanks for reading.