“I remember similar things being asserted about Japan back in the 1980s, and talk that we’d all have to learn Japanese.”
The US never shut down and moved 70,000 factories to Japan.
I do not take the threat of china lightly
At some point China’s growth will level off.
If it does so at the same level as Japan’s, China will have a economy somewhere around 5x than of the USA and would become the global hegemon.
Levelling off now thanks to the weaknesses of socialism is what we should pray for. That would ensure the primacy of the west for another century.