Yeah, and it seems to be working for China -- not on. The US opened up trade with China, and since then China has managed to have the West dismantle its industrial base. It's working great for China! (Except hopefully the rest of the world is finally waking up to what's going on).
It's not like China forced the west to dismantle its industrial base. The west was happy to do it! And now we're living in a globalized world, where the worker has won less than their masters.