Trump's China trip produced a warm meeting and some trade wins, but critics say he gave away too much on chips, students, and Taiwan.

• Xi publicly praised Trump and said "making America great again" can go hand in hand with China's rise, a striking shift in tone.
• Trump brought CEOs from Apple, Tesla, Nvidia, BlackRock, Citi, Boeing and others, representing roughly $12 trillion in market value.
• Boeing got an order for 200 planes, Citi was cleared to run a securities business in China, and trade talks will continue.
• Nvidia was cleared to sell its powerful H200 chips to Chinese firms, and 500,000 Chinese students will be allowed into the US, both unpopular with hawks.
• Taiwan was China's top demand, repeated many times, but Trump avoided drawing a hard line, and COVID origins never came up.

Outlook: A bigger trade deal looks likely soon, but tensions over Taiwan, chips, and spying will keep flaring.