How China Lost America

But much more of this is on China. To appreciate how badly China has lost America, you could start with this question to Beijing: “How is it that you had the biggest, most powerful lobby in Washington — and it didn’t cost you a penny — and yet you blew it?” I’m referring to the US-China Business Council and the United States of America-China Chamber of Commerce. These powerful business groups, representing America’s biggest multinationals, energetically lobbied for nearly four decades that more trade with China, and investment in and from China, was a win-win. So did the European Union Chamber of Commerce in China.