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China has a shrinking population. That's aging. To claim that it's "winning" anything is delusional. In this game there are no winners. This is a game of hyper consumption fueled by unbridled fiat printing and debt. Not to mention that practically all nation states are implementing the surveillance state model, not the least China...
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China has won the trade war.
China has won the energy race.
China has the productive capacity.
USA has a dying USD and a military crippled by a lack of secure supply chains for things like refined rare earths.
But @Cje95 is paid to spin it differently.