Also basically the setup for Maureen McHugh's excellent China Mountain Zhang; US as socialist client state of china.
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Wonder how much though like this was prevalent at the time. Industrialization was spreading to newer countries with Japan, Germany, US and Russia. Seems conceivable that people would think China, given its economic strength, could follow
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This is... very much not what China’s actual relationship to the global economy is
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China’s relationship to the West is much more equal and much more complicated — it’s export driven economy is a weakness not a strength, and it is certainly not living a mercantilist fever dream of domination
End of conversation
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