China Is Getting Much of What It Wants From the U.S., Including Chips

For China, President Trump’s moves to loosen chip controls, soften U.S. rhetoric and stay silent on tensions with Japan amount to a rare string of strategic gains.President Trump and Xi Jinping, China’s leader, after their meeting in Busan, South Korea, in October. Mr. Trump’s latest moves extended the conciliatory posture he struck at this summit.