As we see everyday many people are dying every day in Europe and America and their economy is going down every day and economy specialties are guessing that the USA will lose his position as economy king and china will take over and we are already seeing that china economy didn't drop much and there already making money in this crisis.
Yeah they will rule the world with Imitations and fake products.
I dont think that would be possible in my humble opinion because there are a lot of countries that has a great power to rule the world like US and I dont think that the China can beat US. In reality nobody can defeat USA because they have the greatest machineries, weapons and equipment and their soldiers are well trained and ready to fight at any moment.