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The war that is already underway between China and the US for global hegemony via multiple proxies - see the middle east, Ukraine, Venezuela, Cambodia, Myanmar, Russia, Iran, Africa!
See also China leading on multiple strategic technologies and supply chain fronts.

You didn't notice? Oh dear.

USA is on the backfoot now with its military industrial combine crippled by its lack of secure rare earths supply chain.

China won the trade war and now seeks global hegemony and supremacy over the decaying US imperialists- and it looks like they might gain it.