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China is a overpopulated indutrialized country, but till a shitty country. Will never replace an ocidental country as the mighest superpower on Earth.
On the other side US is old, not the sme that used to be until the 70s, that just god its final deathblow at the end of the 90s. Nothing new comes from US, the population is in total decadence, economy out of control, and so on.
All the circus we see coming from US will end when the last old school politicians die and get replced by the mutts they are creating.
China is big but can't do nothing without US/Europe on the other side. China is depenent on the world economy, the nxt decades their population will decline very fast.