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A session of China's National People's Congress. Photo: Lintao Zhang via Getty Images

In the past 24 hours, we've seen a Bloomberg report that Amazon and Apple network servers may have been compromised by Chinese spy microchips, a Reuters report warning of attacks by a Beijing-linked hacking group, a CNN story about the U.S. Navy proposing a show of force in the Pacific, and a speech by Mike Pence accusing China of trying to undermine President Trump.

Why it matters: Per Axios contributor Bill Bishop, the Chinese government will likely view the onslaught of negative press as a coordinated propaganda effort by the U.S.

Go deeper: The Axios Deep Dive on the China trends.

Go deeper

Felix Salmon, author of Capital
8 mins ago - Economy & Business

Speculative crypto art market takes off

Illustration: Aïda Amer/Axios

Move over, GameStop. The newest speculative game in town is NFTs — digital files that can be owned and traded on a plethora of new online platforms.

Why it matters: Most NFTs include some kind of still or moving image, which makes them similar to many physical art objects. Some of them, including a gif of Nyan Cat flying through the sky with a pop-tart body and rainbow trail, can be worth more than your house.

New coronavirus cases fall by 20%

Expand chart
Data: The COVID Tracking Project, state health departments; Map: Andrew Witherspoon/Axios

New coronavirus infections continued their sharp decline over the past week, and are now back down to pre-Thanksgiving levels.

The big picture: Given the U.S.’ experience over the past year, it can be hard to trust anything that looks like good news, without fearing that another shoe is about to drop. But the U.S. really is doing something right lately. Cases are way down, vaccinations are way up, and that’s going to save a lot of lives.

Updated 5 hours ago - Health

California surpasses 50,000 COVID-19 deaths

A man prepares a funeral arrangement in in Los Angeles, California, Feb. 12. Photo: Mario Tama/Getty Images

California's death toll from COVID-19 surpassed 50,000 on Wednesday, per Johns Hopkins data.

The big picture: It's the first state to record more than 50,000 deaths from the coronavirus.

You’ve caught up. Now what?

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