The problem is, the propaganda was all just propaganda in the end. Yes, we got cheap trinkets out of China, but at what price? Insane amounts of economic devastation, as none of the promised benefits other than said cheap trinkets materialized. None of the countries that "change by trade" ("Wandel durch Handel") targeted became democratic, and instead of "trickle down of wealth" we got a "trickle down of shit and exploitation" [1] while the elites at the top got ever richer and richer.
[1] https://www.allaboutlean.com/hoshin-kanri-3/bird-shit-hierar...