Axios

In the wake of George Soros' broadside against China in Davos, expect to hear much more about China this week.

What to watch: The U.S. and China will hold another round of trade talks on Wednesday — this time in Washington. Vice Premier Liu He "may be bringing an offer of more significant structural concessions," says Bill Bishop of Sinocism, but don’t expect major breakthroughs.

DAVOS, Switzerland — For two years, the global elite has fumbled for ways to defend the 7-decade-old structure of trade and diplomacy from punishing attacks. This week, they declared the system all but dead.

The main thing now, leading thinkers said, is to ensure that what replaces the system in the coming years prevents a great-power war — as the existing one has — and delivers more for millions left behind by the current economy.

"Johns Hopkins University is buying the landmark [Pennsylvania Avenue] building that houses the Newseum for $372.5 million, a purchase that will enable the struggling cultural institution devoted to news and the First Amendment to seek a new home in the Washington area," per the WashPost.

"We stand ready to continue much of the Newseum's important work ... through digital outreach, traveling exhibits, and web-based programs in schools around the world, as well as hopefully in a new physical home in the area."

The big picture: "The Freedom Forum — the private foundation that created the Newseum and that is its primary funder — said the museum will remain open at 555 Pennsylvania Ave. NW for the rest of the year. ... [T]he Newseum posted an annual deficit each year."

Yesterday was a devastating day for President Trump as he heads into his reelection campaign and an era of divided government.

Why it matters: He blinks; he disappoints the people who still love him; he gets no credit for reopening the government, given he already took credit for the shutdown; and we’re back where we started after 35 days of pointlessness.

Millennials get blamed for killing a lot of things — including shopping malls, with their reliance on out-of-fashion department stores. But an Axios/SurveyMonkey poll shows that Millennials and their yet-unnamed successor generation may not be to blame after all.

The bottom line: When you spot a group of teenagers using an abandoned mall for indoor skateboarding rather than shopping, try to remember — this really isn't their fault.