American leaders once wanted China to be rich: “strong, peaceful and prosperous,” as President George W. Bush said in 2002; “strong, prosperous and successful,” as President Barack Obama said in 2009.
Times have changed. In the last 10 years, the U.S. has come to see China as a competitor rather than a partner, bent on displacing the U.S. as leader of the global economic and geostrategic order.
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