No, America loses
Pretty obvious. Americans are getting poorer and Chinese are buying lamborghini’s.
America is losing due to our own liberalism. China is a disaster, with the majority of their people living in poverty, and only a very very very tiny minority of connected folks buying expensive stuff.
End America’s domestic liberalism, and our economy will rock, regardless of what China does. China is not the problem. American liberals are. But China is not winning, not in the sense that the Chinese people are winning. They are not.