growing tensions between the U.S. and China,
but rather because of how different it was.”
Marcus continued that while the cutting-off of
the Soviet Union’s economy from the West left
“its technical development circumscribed and
comparatively backward except in a few key
areas... China is an entirely different matter. Its
huge economy and manufacturing base are hard-
wired into the international economic system.
“It is probably a bit late to try to shut Beijing out
of key sectors of economic activity... some 10
years ago the U.S. economy was still three times
the size of that of China. No longer.”
Spencer added: “The U.S. is treading on
dangerous ground. This is because China doesn’t
play by the rules of democracy or human rights,
but is a regime of a whole different order. We are
talking about the rise of a New China empire.”