The US has become a very developed market since then, though certainly not the "dominant market", but regardless should we as actors in the current legal system advocate for something that gives preferential treatment of Chinese businesses OR an entirely different system with very little protections for IP?
I don't think so, and would actually prefer we take on something closer to the Chinese approach of leasing land in the same way we encourage people to put ideas in the public domain for a guarantee of a period of market monopoly. Though there are many reforms about current US IP law that I would love to see.
>US Foreign policy (as well as that of any nation) even in 2020, when you take justifications, stunningly aligned with US national interest.
I disagree - most nations advocate for their self-interests, otherwise we would be the United States of the World right now rather than the United States of America. Similarly, many countries have a foreign policy favorable to China because of economic incentives with a voluntary relationship between them. Are all countries or localities as equally 'autonomous' as China or the US when deciding with whom their most beneficial economic relationships are? No, though I don't think "dropping IP law" is a particular benefit to increasing that autonomy either.
Asides from Afghanistan and Iraq, are there any states you can name that are advocating for almost objectively US aligned policy?