If Truman hadn't "lost" china in the first place the discussion would be academic.
re: ""lost" china"
There's a lot of heat on FR from folks that hate WalMart etal closing down mom-n-pop because China is ostensibly our enemy.
I've always wondered what a pickle those folks would be in if China had been a democratic "ally" and had been developing at the rate of Japan for these 60 years.
We would already be eclipsed by now.