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The failure of America's China policy

Trump and China's Xi.
President Donald Trump and China's President Xi Jinping shake hands at a press conference following their meeting outside the Great Hall of the People in Beijing on Nov. 9, 2017. Photo: Artyom Ivanov/TASS via Getty Images

An important essay by former Obama and Clinton officials highlights the decades-long failure of U.S. policy towards China.

Be smart: There were lots of good reasons to pursue engagement with China, and it's too late and risky to completely undo it now. Now the fundamental American policy framework towards China is shifting again to a harder line with near bipartisan consensus.