Like every nation that has emerged with new money and power, China's ambition is to take over the world. (Written right into its Space Program 'Mission'.)
 Greece, Rome, Charlemagne, Ottoman Turks, Islam, Napoleon, Austro-Hungarian Empire, British Empire, Unification of Germany and finally, the U.S. Military-Industrial Complex, the story is the same.
Power wants more power.  IF they're lucky, our grandchildren will be servants to the Han Chinese.  The rest will be used for body parts.