It’s too late to do anything about China. The contest for global supremacy is over. Beijing now sets the pace—economically, politically, even militarily—and there’s nothing for America to do but accept China’s inevitable victory.
Whether that’s true or not, it’s the message coming out of President Joe Biden’s Washington. A raft of appointees with alarming ties to Chinese state institutions, including China’s spy services, suggests that much of the U.S. ruling establishment just wants to get paid.