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Good morning. Today's newsletter is heavy on the theme of PRC influence and the growing concern from the West, particularly in the U.S.

Situational awareness: Between the North Korea crisis, the growing U.S.-China trade trade tensions, and the rising wariness about PRC activities in general, it sure feels like 2018 may be the most difficult year in U.S.-China relations in decades.

Axios will help you understand China and the rest of the world. Axios turned 1 this week  — and, more importantly, we're launching our newest coverage area: international affairs. Plus we're adding around-the-clock coverage of world events that includes outside experts like CFR president Richard Haass. See the new stream here.

And, if you want to read me more than once a week, check out my daily Sinocism China Newsletter and follow me on Twitter @niubi.