I mean if you really think about it china already has or is on the verge of:
- energy independence
- ASML level microchip production
- the SOTA of AI
- citizens that accept surveilence and lack of privacy
- strong local manufacturing
- eastern world support
- yuan recognized as a stable world currency
But they do suffer from issues as well:
- Aging population
- Autocracy (or well, one party system)
- Brain drain (better funding and security in the US and Europe, US has managed to alienate a lot of very promising figures so it's closer to just Europe, but capital markets in Europe are still hit and miss)
It's completely understandable why US is freaking out, china's future still looks a lot more promising than the one US find themselves in.
- energy independence
- ASML level microchip production
- the SOTA of AI
- citizens that accept surveilence and lack of privacy
- strong local manufacturing
- eastern world support
- yuan recognized as a stable world currency
But they do suffer from issues as well:
- Aging population
- Autocracy (or well, one party system)
- Brain drain (better funding and security in the US and Europe, US has managed to alienate a lot of very promising figures so it's closer to just Europe, but capital markets in Europe are still hit and miss)
It's completely understandable why US is freaking out, china's future still looks a lot more promising than the one US find themselves in.