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Peak China

Photo: Smith Collection/Gado/Getty

China is beset by a trade war, pushback against its global infrastructure plans and allegations of industrial spying. Growth in factory production appears to be at its weakest in 24 years.

Parag Khanna, a Singapore-based global strategist, says that all of this may signal that, after years of forecasts of a Chinese juggernaut, we may have reached what he calls "peak China."

Huawei 5G battle opens rift between U.S. and Germany

The Huawei logo, taken from the firm's Istanbul office.
The Huawei logo, taken from the firm's Istanbul office. Photo: Serhat Cagdas/Anadolu Agency via Getty Images

The U.S. has made its first threat to curtail sharing intelligence with an ally if that government ignores U.S. warnings about Huawei 5G equipment, the Wall Street Journal reported.

Why it matters: This is no small threat. The warning to Germany represents an escalation from previous American statements that raised the prospect of strained relationships and suggested the U.S. can't safely maintain a presence in countries where it believes infrastructure is not secure.

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