“One of the few hopes we had with President Trump is that he’d finally stand up to China,” Senate Minority Leader Chuck Schumer told reporters this week. “But up to now, when it comes to China, he looks like a 98-pound weakling. He talks a good game. He signs a couple of executive orders that mean nothing. He hasn’t saved one job — one job — that China is stealing.”

Trump last week signed two executive orders: one calling for a study of U.S. trade deficits and another seeking tougher enforcement of rules meant to keep foreign manufacturers from flooding U.S. markets with cheap goods. But there has been little indication since Inauguration Day of how he plans to handle the cyber threat from China. And his campaign promise to label the Asian economic powerhouse a currency manipulator hasn’t materialized.

Instead, Trump has been taking a conciliatory tone. “We have developed a friendship,” Trump said Thursday night at Mar-a-Lago, with Xi at his side. “I can see that. I think, long-term, we are going to have a very, very great relationship and I look very much forward to it.”

That’s a far cry from what he said last year. “We can’t continue to allow China to rape our country, and that’s what they’re doing,” Trump said at the height of his push for the GOP nomination. “It’s the greatest theft in the history of the world.”