China is currently in a slow-rolling financial implosion, due to their real-estate bubble.
That bubble is what's going to drive the world's next great recession.
Can their central bank hide it through massive quantitative easing? We shall see - but it's picking up a lot of steam.
China will not be ruling anything economically. They will be fortunate to survive the financial calamity that is upon their heads.
You can try to convince yourself, but do you remember China or Russia punishing the investors by confiscating their assets over political issues or limiting trade in their jurisdictions?
For all the talk of communism in the above places, it is the US, UK, and EU who did it and are planning more.
The world is watching.