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I really hope so but I’m a little pessimist. China keeps letting the US encircle them and screw them out of deals while doing nothing about it.
It seems like Russia and eventually India (with Brazil as a wild card) will be the faces of anti-imperialistic actions. But all these countries have a neoliberal problem, even China. I guess we can only wait and see if they actually make a turn left
China is doing plenty about it by building out a navy that can counter the US, and to which every war game US themselves played they lost. They're also building alliances all across the Global South, and moving away from using the western financial system.
China is playing it smart here because they realize that time is on their side. The US is already stuck in two wars, and their resources aren't infinite. Meanwhile, US economic power continues to wane globally and its relevance along with it.
And US munitions with no quick way to ramp up production capacity.
Indeed, I don't think the US ever expected the war in Ukraine to go on this long and they weren't prepared for it industrially. Now Israel is piling problems on top of that, and it's not clear what the US can do here.