- It's arguable whether China ever intended to live by the same rules as the rest of the world when it first gained membership in the World Trade Organization in 2001, backed strongly by the U.S. That move, more than anything, cemented China's accession to world power status, with its economy soaring from just $80 billion in GDP in 1980 to $12 trillion in 2019.
- China is perhaps the most hypercapitalist regime in the world, but it has used its economic power to become even more politically authoritarian, wrote J.D. Vance in a recent piece for The American Mind.
- China quite cleverly hid behind the globalization boom for decades as it went about building an enormous military, bullying neighbors, making illegal claims on vast tracks of ocean, and extending its imperial reach around the world, and using recycled trade dollars.
https://issuesinsights.com/2020/05/20/a-new-cold-war-has-begun-calling-china-to-account-for-covid-19-plague-is-just-a-start/
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