The US has something that none of its competitors do: a free and open society, where entrepreneurs can flourish.
I'm impressed that you can say that when the US operates Guantanamo Bay and is actively trying to prosecute Julian Assange of the Wikileaks organization. Not to mention the DMCA, the Patriot Act and all these other laws/organizations designed to constrain the rights of its citizens.
Were it not for the PRC's protectionist policies, many (most?) of the Chinese "success stories" would not have happened.
Those policies work. It sounds like the US should put them into place since they work.