I'm not sure what percentage you can assign to greed, what to wishful thinking, and what to outright corruption, but the last four decades the West has not just sold companies, manufacturing, and economic leverage to the Chinese Communist Authorities - but at critical nodes through the world's critical choke points we've sold and leased to them unique land and resources they now control.
How can smart nations try to recover from such a strategic mistake?
Well, Australia is trying to figure that out.