With the U.S. leading the way, the world is going to stand up to China.
The only options China has are: (1) begin to make the transition to a market economy that encourages innovation or (2) wage war on the rest of the world. BTW, the latter is what China has been building up its military for and developing those new island bases in the South China sea. 80%+- of China's oil comes through the South China Sea trade routes. If they weren't planning for war there would be no need to secure these routes.
Trump and his team know the score on this.