We should keep open to the option that they might both loose.

In what way has "China already won"?

Go do some research on China - it's economy is in the toilet and its leadership has destroyed much of it's success, foreign capital and companies have fled to India, Vietnam, Mexico, Indonesia.

Your lament of "Oh no China is the best in the world and only getting better!!!" is long long out of date.

This is being heavily downvoted, but it's dangerously close to true.

In ten years the downvoters will not only agree with this, but have moved on to "and that's a good thing".