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That being said, what's your take on China's behavior specifically, do you believe they are acting in a "fair" manner?Regarding trade: I think China (and any country) should have absolute say in how they do business, and who they want to do business with, who to allow in their internal market, etc.
And of course other countries should be free to reciprocate. That would be actually free trade in my book: with any nation being free to do business as it pleases (trade this, impose tariffs on that, etc).
The current "free trade" is mere lip service in the sense: "we promote free trade to force others to open their markets to us, but we ourselves use tariffs, wars, and whenever we like to further our interests". So, I don't like it, and I also don't like the "totally free" trade (which I find a pipe dream, as big players wil always work their way around it).
>Do you believe the advantages they enjoy are all justified? (Note: for the sake of this argument only, karmic payback for US historic behavior is not considered a valid justification.)
I think "fair" can only be considered in context. Something is fair or not according to how the actual players play the game, not according to some abstract rules. If everybody cheats, China is fair to cheat too. In that case, I don't think the "karmic payback" is irrelevant to answer the question, nor I believe it's mere US "historic behavior" (if the latter implies something that happened only in the distant past and is not active behavior it's benefiting from at the moment).
Regarding human rights: China is authoritarian (and on the fore-front of authoritarian abuse of technology). That said, the situation is accepted well by the vast majority of its population, who doesn't have much tradition of free elections in the first place, and who probably worries of the impact of a breakdown of the regime.
Naive pundits might call for the immediate dissolution of the CCP for example, but in 1.6 billion people state a power vacuum could lead to chaos, schism, and civil war than makes India/Pakistan, or modern day Iraq/Libya etc look like Disney movies. In any case, it's up to them, not to outsiders to call their shots (or to take sides in their internal power struggles). All kinds of countries had their popular revolutions, reforms, etc, if China (as a nation) doesn't like its regime, they're welcome to change it.