It’s not really “crony capitalism”, it’s “crony SOCIALISM”.
While we have that problem too (socialism), our insane trade policy predates it. Things (trade imbalance) got really bad as a result of some kind of a deal our leaders made with Communist China back during the first Bush administration. While I don’t know the details of the “deal” the results are devastating to American workers and small business. Now Big Business, and the super rich appear to be the primary benefactors of moving just about all our movable jobs off shore. Germany is doing just fine keeping it’s jobs in Germany.