The West allowed China into the world Banking System theorizing that China would change her ways and become a responsible nation, as Germany & Japan did after WWII economic assistance. If China was not assisted by the world banks , she would have remained a backward third world country. There was some progress being made towards that end, though China remained protectionist in business practices and a maverick in stealing IP & technology. But then, it became worse about eight years ago when China took a path backwards with Xi's ascension to power and the return of hardcore Central Party rule at the expense of the influential business people in the country. China has, for the past eight years, been considered by the American Intelligence community to be the largest threat to USA security.