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AXIOS (Mike Allen) - New Yorker: China races to own the industries of the future

America has been napping or distracted by trivialities while China is racing toward the future, in part by taking advantage of President Trump's trade, immigration and budget policies. - That's the eye-opening reality that Evan Osnos unfurls in a 12-page piece for The New Yorker, "The Future, Made in China." Why it matters: China could beat the U.S. to the future on a host of fronts, including engineering a cure for cancer. What it says: "For China, America's retreat comes just as decades of state investment, industrial policy, and diplomatic planning are paying off," Osnos writes. - An American executive told him: "People in Washington are worried that biotech is the next E.V.s ... We've scared all of this f*cking talent back to China.…