Greater East Asia Co-Prosperity Sphere
By the US, perhaps?
In any event, China is a real threat now - as to acquiring tech - they do that through poaching, and while our universities are more keen on recruiting internationa students (and the income they bring) and actively recruiting in the PRC, they will 'soon' have the gaps filled.
Good luck getting a flow of IP going in the other direction.
China plays long games - 10-20 year plans are typical. Western economies are based upon quick wins.