As long as no hawkish and cultist think tankers muddled up the negotiation.Biden-Xi will sign a trade deal which allows greater access to China's market for foreign companies (recycle/repackaged old promises as new), token purchases of agricultural products, it will have zero or weakened enforcement mechanisms, no "snap-back" tariffs, all sanctions/tariffs are removed (except 5G embargo is likely to stay so it doesn't appear Biden is completely capitulating), and both sides claim victory, and move on. China becomes the world's #1 economy by 2025, and SMIC will get access to EUV equipment, Huawei can access Google services, and WeChat/TikTok will not be banned.
As a sweetener maybe China can open more factory/manufacturing jobs in US similar to Fuyao.