Not by a long shot. To the extent that China is a power to be reckoned with, it is our doing. It's all about money, you see. We are constantly being told that the domestic economy is booming, surging, or expanding. The very frequency with which we hear these claims suffices to make one of a contrary frame of mind suspect that they are lies.
Experience solidifies the suspicion.
He had come to solicit my business. American businesses are tapped out. Any more borrowing is just not feasible. Since we abandoned the use of a tangible money, all of what we now call money comes into existence as bank loans. Of course, under such an arrangement, no matter how much is loaned, more must be repaid.