Shizuo Kambayashi / AP

Donald Trump's comments thus far about U.S. trade with China have been fairly hostile, and yesterday he took steps to kill off the Trans-Pacific Partnership.

Chinese investors, however, don't seem too worried yet about Trump and his impact on cross-border mergers and acquisitions.

Cautious optimism: "He's a businessman," one Chinese investment banker told Axios during a private event in San Francisco on Monday. Ultimately, he hopes, Trump will use his business judgement in his political dealings with China and won't shut down all business interactions.

Healthy appetite: Demand from Chinese buyers for U.S. and European acquisitions is still going strong, attendees agreed.

Possible hurdles: Nevertheless, the new administration could result in a more conservative Committee on Foreign Investment in the United States (or CFIUS), according to one attorney who works works with companies involved in such cross-border deals. The inter-agency committee reviews transactions that result in foreign control of a U.S. business and whether such deals might negatively impact national security.

China's industrial priorities: In recent times, the Chinese government has been encouraging deals that help boost the country's manufacturing and industrial efficiency, two bankers pointed out. Investments in automation and robotics, for example, remain high priority.

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Right-wing media defanged by dissolving anti-Biden storylines

Data: NewsWhip; Chart: Naema Ahmed/Axios

The three biggest anti-Joe Biden storylines in right-wing media over the last year have either fizzled or are getting less online traction than they used to, according to data from NewsWhip provided exclusively to Axios.

Why it matters: This dynamic has rendered a formidable media ecosystem less effective in boosting President Trump as we move into the heart of the 2020 campaign.

Biden clarifies comments on African American and Latino communities

Joe Biden delivering a speech in Delaware in July. Photo: Mark Makela/Getty Images

Joe Biden explained on Twitter Thursday night what he "meant" by earlier comments suggesting that "the African American community is a monolith."

What they're saying: "Unlike the African-American community, with notable exceptions, the Latino community is an incredibly diverse community with incredibly different attitudes about different things," Biden remarked in an interview hosted by the National Association of Hispanic Journalists and the National Association for Black Journalists, Politico reports.

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Ohio Gov. Mike DeWine tests negative for coronavirus after positive result

Photo: Justin Merriman/Getty Images

Ohio Gov. Mike DeWine (R) tested negative for the coronavirus after initially testing positive earlier Thursday, his office announced.

Why it matters: 73-year-old DeWine was set to meet President Trump Thursday on the tarmac at an airport in Cleveland and was tested as part of standard protocol.