I take a more nuanced view of the global power transition underway. An old era — the Western one — is indeed retreating, but a new era — the Sinic one — has not yet begun to advance. I shall explain why I think China is winning the war without America losing it.
Is China winning the war for global supremacy against America? Yes. Is America losing the war? No.
If those two answers appear contradictory, it is because many of us have been conditioned to think about the world in binary terms. Those terms are derived from the rivalry between the US and the Soviet Union during the Cold War. Today, talk of Cold War 2.0 between the US and China — although the fear of it is not entirely unfounded — is causing some of us to believe that this is a war that only one side can win. America won Cold War 1.0: Some fear and others hope that China will win Cold War 2.0.
