China really want to take over the world, by this, what I really mean is they really love to be the top in everything. I hate how they do everything on their will. They also has power and influence over other countries and it's not really good.
How do you propose that they will be taking over the world, they are a growing economy and their population is the advantage and they are investing in many countries and that might have an influence but not the power.
No way they will accept cryptocurrency. They just try to create a coin which based on crypto. But i guess they will not succeed since usd is the strongest currency in the world. It is a hard task trying to replace usd in a global scale.
They are planning to create their own virtual currency but for that to become successful they need to create something which is much better than we have right now and they are known to replicate the same technology and hence i am not having much hope

.
Highest population is not actually an advantage to them because its not possible to create the employment with well paid salary when the population is in huge numbers and also the wage rate is no where compared to the developed countries so people are not really gonna move to China from somewhere. They already created digital Yuan but its not going to be enough and its never going to be enough.