China, Trade and Power

From a Western point of view, the policy of economic engagement with China has failed. How did Western, market-orientated, property-owning, liberal democracies go from being in a position of complete global hegemony in the early 1990s to the current crisis of confidence?

Din punct de vedere occidental, politica de angajament economic cu China a esuat. Cum au trecut democratiile liberale occidentale, orientate spre piata, proprietare, de proprietate, de la a fi intr-o pozitie de hegemonie globala completa la inceputul anilor 1990 la actuala criza de incredere?