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People should be rightly concerned about the recent backtracking in China's governance, but that is independent of the concerns expressed here. The whole thing reeks of projection. Truth be told, America has benefited the most from the global trade era, with cheap goods and cheap capital practically bestowed like tributes from the entire world. Blame Congress for not redistributing that enormous windfall, not other countries for aspiring to the same standard of living as even the poorest Americans.



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