Everyone is scared of China, so getting our allies to work in concert wouldn't happen, that's why we need a fool. Once everyone realizes that China isn't a tiger, it's easier to get our allies on board.
Western businesses have also wised up, realizing that partnering in China just means that you are forced to give away your IP. China is reliant on western countries partnering and giving away the IP for a shot at the Chinese market, but things have not panned out so well for Western countries because the consumer market in China is rigged against western companies. Also the consumers in China are scared rabbits, their motto is save, save, save, and then save more. It's going to take 2 or 3 generations to change the consumer habits.
Manufacturing is starting to leave China for cheaper countries that don't require you to give away your IP, just like it took 40 years for China to become a manufacturing powerhouse, but it can unwind in a few years.
Western businesses have also wised up, realizing that partnering in China just means that you are forced to give away your IP. China is reliant on western countries partnering and giving away the IP for a shot at the Chinese market, but things have not panned out so well for Western countries because the consumer market in China is rigged against western companies. Also the consumers in China are scared rabbits, their motto is save, save, save, and then save more. It's going to take 2 or 3 generations to change the consumer habits.
Manufacturing is starting to leave China for cheaper countries that don't require you to give away your IP, just like it took 40 years for China to become a manufacturing powerhouse, but it can unwind in a few years.