As America fumbles, China races ahead

For about a decade, the United States has been comforted by the notion that China had lost its way. After 35 years of astonishing growth, Beijing stumbled internally and abroad. Its leaders cracked down on some of the country’s most innovative sectors, from technology to education, driving entrepreneurs into exile or silence. Its “wolf warrior” diplomacy alienated its neighbors from India to Australia to Vietnam.

That era is over. China’s leaders have corrected their course.

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