I would like to suggest that you read my pre-print paper on the trade war between the USA and China
The following paper talks about this trade war. You may want to check out:
The US–China Trade War and China's Strategic Future
A Lukin - Survival, 2019 - iiss.tandfonline.com
The tendency to export jobs to low-wage-countries comes at cost of organized labor in high-wage-countries, especially after the collapse of the Soviet Empire, was and is difficult to reverse, with respect to capitalist economic calculation.
Concerning the PR China and the CCP, they have already developed a sophisticated ideology and tech-know-logy to overtake the US, in terms of manufacturing and human capital resources, i.e. we are witnessing great changes (hopefully peaceful) in the political economy of the world system a la I.M. Wallerstein. The socialist calculation debate is open again, in terms of K.Polanyi and L.Mises.
https://thenationalpulse.com/exclusive/western-media-chinese-communist-events/
https://efile.fara.gov/docs/5875-Supplemental-Statement-20180907-26.pdf
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