I think what will go down in history is how our Ruling Class, both parties (along with the elites of Europe), agreed that the way to bring freedom to China was to make the country wealthy, as wealthy people would demand more freedom.
Ended up that China’s government simply used that wealth to create a surveillance system never before seen in the world, so as to lock-in their power. And also used their wealth to create a blue-water navy and first-rate military, thereby ending 500 years of Western dominance of the world.
Of course a huge part of the fall of the West was self-inflicted, when we continued to permit labor unions to drive our manufacturing overseas (especially to China), but still, the elites, the people who have those confabs to give us a new world order and crap like that, should have known better regarding China (and no, they didn’t want this outcome, as they know they’ll be rounded up first).
This has the Davos types boxed in. They wanted a Neo-feudalist one world government run by themselves, but created a Frankenchina monster that is poised to rule it instead.
They are so, sooo close to implementing their big reset that they can't stop the train now, but don't really have a game plan to counter china's blowing up the trestle that was supposed to deliver the Western plutocrats to their planned castles.