Counterpoint: China is engaged in extreme mercantilism and its declared goal and modus operandi has been state sponsored IP theft up to sabotage of abroad markets, something that was even declared in the "China 2025" program.
CCP is even coercing and blackmailing nationals or people with ties to China to spy for them. Indeed, the last weeks have been filled with report about that.
Ever tried to actually sell things in China, compared to the US?
Who started it? Why not China?