China, Trade and Power : Why the West’s Economic Engagement Has Failed, Hardcover by Paterson, Stewart, ISBN 1907994815, ISBN-13 9781907994814, Brand New, Free shipping in the US From a Western point of view, the policy of economic engagement with China has failed. How did Western, market-orientated, property-owning, liberal democracies go from being in a position of complete global hegemony in the early 1990s to the current crisis of confidence?