China Has Already Remade the International System
China Has Already Remade the International System
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China Has Already Remade the International System
- Tariffs and protectionism, restrictions on investment, measures designed to drive domestic production: Washington’s economic policy suddenly looks an awful lot like Beijing’s policies over the last decade or so—like Chinese policy with American characteristics.
- China’s nationalist state capitalism now dominates the international economic order. Washington is already living in Beijing’s world.