US note remotely capable of doing a China playbook which is: _OLD_ IP. In exchange for allocating cheap land, building cheap factories/infra, staffing with cheap technical labour etc etc... the IP sharer just sits back and collect checks. The Chinese playbook actually offers value US (and west in general) not capable of providing.

We're kind of doing it with the tsmc fabs, but yea, there are civilizational problems in the west which goes beyond cheap resources, talent, and labor.