### Comment:
That and, as I have said a number of times, China’s dictatorship depends on public perception. If you think Xi is going to give in to Trump demands you are kidding yourself.

### REPLY:
The two trade deals we have done, we declared victory, but was mostly symbolic. There wasn't much substance from the previous deal in place.  
  
 &amp;#x200B; 
  
 I'd expect the same. If we can move the needle just a little bit on IP theft, it's a win.

### END.