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In fact, it's a favor to American consumers, who get goods at a lower price than they otherwise would. If shipping us freighters full of merchandise were a way to reduce us to submission, we'd have been taken over by Japan 20 years ago.
China's rapid growth has been a good thing, not a bad one. It has transformed a backward communist nation into a thriving, mostly capitalist one. It has lifted hundreds of millions of people out of poverty. It has brought China into the world economy and the World Trade Organization -- where, if we think it's using unfair trade practices, we can bring action to stop them.
As long as it remains an authoritarian state, China is not going to be our BFF. But it is not fated to be an enemy, unless we decide to make it one.
Steve Chapman blogs daily at newsblogs.chicagotribune.com/steve_chapman.
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