I guess China will be the next world power because they have resources and the ability to have that power. Besides that, we see that the China company spreads worldwide, and it is still increasing day by day. Although they get Covid-19, that doesn't stop them from surviving and rising again after Covid-19. China can be a competitor for the USA because both country are still trying to conquer the global market.
Afaik Chinese companies are working from their country itself, only company from all over the world having their main plants in China due to cheap expenses compared to their native cost to produce the same products, but what if countries decided to stop working on other countries China will be losing their huge part of income.
you have a point there.