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When candidate Donald Trump campaigned on calling China to account for its trade piracy, observers thought he was either crazy or dangerous. Conventional Washington wisdom had assumed that an ascendant Beijing was almost preordained to world hegemony. Trump’s tariffs and polarization of China were considered about the worst thing an American president could do. The accepted bipartisan strategy was to accommodate, not oppose, China’s growing power. The hope was that its newfound wealth and global influence would liberalize the ruling communist government. Four years later, only a naif believes that. Instead, there is an emerging consensus that China’s cutthroat…

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