single most important decision made by a US administration since diplomatic normalization in 1979, the effect of which was to turbocharge China’s economic rise, enabling it to become the largest trading power and second-largest economy in the world within a decade. However, China did not open its markets fully to the US and the rest of the West as promised. In the view of America and many of its allies, China continued to protect its industries (contrary to WTO rules), subsidize its exports, manipulate its currency, and steal intellectual property as a deliberate stratagem to accelerate its
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