Earlier quoted context omitted.
In what world is China less "protectionist" than the US?
In the world of Chinese media I suppose? To me this all looks like the same hand-wringing angst we went through in the 1980’s with the industrialization of Japan bearing massive fruit. Right down to the shaky real estate markets.
Japan never surpassed the US in power or industrial output. China is different. They’ve clearly surpassed the US in some key areas.