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Instead of adhering to existing norms, China gamed the organization, successfully pursuing a mercantilist policy in a supposedly free-trade body. Internationally, China stole intellectual property; forced technology transfers from, and discriminated against, foreign investors and businesses; engaged in corrupt practices and “debt diplomacy” through instruments such as the “Belt and Road Initiative”; and continued managing its domestic economy in statist, authoritarian ways. America was the primary target of these “structural” aspects of China’s policy, but so were Europe, Japan, and virtually ...more
The Room Where It Happened: A White House Memoir
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