No, you are wrong
The goal is not to make America a vassal of China. The goal is to transform America into a European socialist state. California and New York already are
American progressives are intellectually deficient. Every program they come up with is derivative of an existing program in the socialist UK or Europe
This is why USA needs to cut its involvement with EU. Let EU deal with their ideological ally Russia, only then will they wish Trump and the USA were on their side. EU fears and despises China, yet they grovel to the CCP, won’t insult them like they do America.
As time passes on, I am hard pressed to come up with what EU has that is of such vital importance to the USA. Seems their biggest exports are bad ideas, cultural and moral decay, socialism-communism, and insults to Americans. They did after all export the idea of involuntary servitude and slavery, that America could not extricate from its founding because of the ties, influence of the European ancestors.