Why This Time, With China, It's Different

It is tempting for the United States to view China's current economic ascendancy as similar to the threat posed by Japan's "Rising Sun" in the 1980s. While American entrepreneurs keen to empower a "Made in America" resurgence plumb the depths of consumer anxiety about what "Made in China" means, the differences are stark, and cannot be framed in the same terms of a very different age.

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