If you keep the training wheels on your economy forever it would certainly make it uncompetitive. The U.S. engaged in such practices too, and continues to do so in areas like pickup trucks. At the end of the day, you can’t really fudge leadership.

The U.S. has been fudging leadership for some time. Now it’s looking for someone to blame. It’s looking for a Plaza Accords 2.0. But China is not Japan, geopolitically.