This is economic war. Chinas mercantile strategy is clear and has so far been successful. China has won the trade war and now dominates global shipping, infrastructure investment, post industrial technology development and implementation- (5G, AI(?), robotics, nano-tech, rare earths, power generation, EVs, biotech etc) and manufacturing and commodities markets. The next logical step is for China to develop its tertiary level infrastructure independent of the legacy US apparatus. China now has developed its domestic digital payments capacity and with Brazil, India, Russia, UAE, Thailand and Saudi Arabia also having developed or near to having operational their own domestic digital payments systems China can move to implement mBridge which joins these domestic digital payments protocols to enable cross border trade payments- ending USD/SWIFT hegemony. There may be military conflict, but most of the contest may be over how long the US can continue its USD/SWIFT hegemony- because if/when that hegemony ends so does the practical ability to fund/wage a more conventional war.