In describing the state of the play, “it’s American underperformance versus Chinese overreach,” said James McGregor of APCO Worldwide. This is not what many expected when China opened up its economy to the world, she said:“Western democracies thought that opening up to China was going to change China, and what we’ve seen over the last 20 years is that we’ve been changed. And there are all these forces that are undercutting cohesion in our own society that are not China’s fault. Yes, they got batteries. So even in China, they’re questioning how much they want to push industrial policy.”

Source: New York Times December 18, 2020 10:52 UTC