I don't see how the West is lost, even after the author claims that if there's a war against China, "You’d need to walk around naked because you have no shirt, pants, socks, or underwear". Global-yet-Western Companies that outsourced manufacturing to China like Nike and Apple seem to be doing very well.
Furthermore, why is the fact that Chinese companies can compete after 30 years (while following the CCP rules) a bad thing? Did globalization go wrong because this wasn't supposed to happen? Was China supposed supposed to just be the world's cheap manufacturing for eternity? If so, a better title for this article would be "How China Was Not Lost".