Nearly 20 years after China was admitted to the World Trade Organization, China hasn’t become more democratic or free. And Western capital has ultimately only strengthened China’s communist regime. “We were fooling ourselves,” says Clyde Prestowitz. Prestowitz was a leader in the first U.S. trade mission to China in 1982, and he’s served as an adviser to four presidents, both Republican and Democrat. He is the author of “The World Turned Upside Down: America, China, and the Struggle for Global Leadership.” Here’s an excerpt of an interview with Jan Jekielek, host of EpochTV’s “American Thought Leaders.” Jan Jekielek: What comes through in your book is how important the supremacy of the Party is to the leadership, and frankly, to anything anyone ever does there, right? Clyde Prestowitz: Right. It’s important for people in the West to try to get a grasp of the extent and intent of the Chinese Communist Party. We say Chinese …
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