In the years since the end of the cold war, there clearly has been disagreement at the highest levels of American government about what to do about China. Since World War II, the Washington Consensus has grown accustom to calling all the shots in the Far East, but China has grown much too powerful to isolate, ignore or contain. In recent years, the United States has imposed numerous economic sanctions against China. Technology export restrictions have been placed on aerospace products, machine tools, and computers. However, these sanctions mostly just enriched economic competitors of American corporations. The Europeans, Japanese, and even Canadians have separate and independent foreign policies from the Washington consensus.
With the end of the Cold War, most of the world is left with a hangover from that conflict. The "blowback" which you refer to in your book, will largely occur in America's loss of global leadership. China has concentrated its efforts on economic development and has no stomach for a war with America. Against America's wishes, both France and Russia have signed strategic partnership agreements with China. Even the British who still retain billions of pounds in investment in Hong Kong have no stomach for isolating China. Likewise, the Canadians who have actively recruited millions of skilled Chinese immigrants in recent years retain excellent diplomatic relations with Beijing. If the Washington consensus can't even count on the British and Canadians to condemn China in the United Nations, who can Washington depend on to isolate China.
After years of futile economic and trade sanctions, American corporations are desperate to compete for lucrative contracts in China lost to European and Japanese competitors. America's former cold war allies largely just ignore the Washington consensus on China policy. Though ethnic ties with overseas Chinese communities, China is expanding its sphere of influence across Southeast Asia. If American corporations want to do business in Asia, they need to pay their respects to Beijing. Clearly, the Washington consensus is confused about how to respond to China growing economic and political influence. The upcoming debate on China's entry into the WTO will surely highlight all of America's foreign policy contradictions in the post cold war era. Ultimately, the Washington consensus will have no choice but to give China more breathing space to grow and expand.