“Trade freely with China and time is on our side.”
That was the confident view of George W Bush, the former US president, in the run-up to China joining the World Trade Organisation in 2001. A generation later, many in the West have come to the conclusion that time was, in fact, on China’s side.
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Financial Times
Gideon Rachman is chief foreign affairs columnist for the Financial Times. His particular interests include American foreign policy, the European Union and globalisation.
