China emerges as master dealmaker

A map of China with a red star around it
Illustration: Rebecca Zisser, Sarah Grillo/Axios

While the U.S. is consumed by its own political chaos, China is filling the global power vacuum.

The big picture: When the U.S. touts America First, China ends up being the defender of globalization, and Beijing uses that message to try to pick off U.S. allies for itself.