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Liu He delivers a speech at the annual 2018 World Economic Forum. Photo: Fabrice Coffrini / AFP / Getty Images

Liu He is coming to D.C. next week, sometime between Feb. 27 and March 2, my sources tell me. His trip will follow the early February visit of Politburo member and top diplomat Yang Jiechi — whose visit was not seen as successful by either side.

Why it matters: Beijing will now have sent two Politburo-level emissaries in the last several weeks to try to re-engage with the U.S., and to get a clear message on exactly what the Trump Administration wants. Beijing is looking to restart the Comprehensive Economic Dialogue but so far the Trump administration has not agreed.

More details: Liu, who is also a Politburo member, is perhaps the most influential economic policymaker in Beijing and is expected to become a Vice Premier at the National People's Congress in a couple of weeks.

Go deeper: The South China Morning Post looks at the likely policy portfolio for Liu.

Go deeper

Wall Street wonders how bad it has to get

Illustration: Aïda Amer/Axios

Wall Street is working out how bad the economy will have to get for Congress to feel motivated to move on economic support.

Why it matters: A pre-Thanksgiving data dump showed more evidence of a floundering economic recovery. But the slow drip of crumbling economic data may not be enough to push Washington past a gridlock to halt the economic backslide.

1 hour ago - Health

Moderna to file for FDA emergency use authorization for COVID-19 vaccine

Photo illustration by STR/NurPhoto via Getty Images

Moderna announced that it plans to file with the FDA Monday for an emergency use authorization for its coronavirus vaccine, which the company said has an efficacy rate of 94.1%.

Why it matters: Moderna will become the second company to file for a vaccine EUA after Pfizer did the same earlier this month, potentially paving the way for the U.S. to have two COVID-19 vaccines in distribution by the end of the year. The company said its vaccine has a 100% efficacy rate against severe COVID cases.

The social media addiction bubble

Illustration: Annelise Capossela/Axios

Right now, everyone from Senate leaders to the makers of Netflix's popular "Social Dilemma" is promoting the idea that Facebook is addictive.

Yes, but: Human beings have raised fears about the addictive nature of every new media technology since the 18th century brought us the novel, yet the species has always seemed to recover its balance once the initial infatuation wears off.

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