It would not be right to solidify opinions about China until we see what the makeup of the 20th Politburo Standing Committee (PSC) resembles. Xi Jinping has done a lot to make it easier for the rule of 67 to be discarded. I do not think this is such a good idea for Chinese international relations.
Xi Jinping is a man wanting more time. President Xi will get the credit for being a Champion of the rural class. Also, Chinese advancements in science, space, and global influence. But for one with unbridled ambitions, this is not enough. Only if China is an uncontested power will he be satisfied. It may seem to him that with a little more time he will be placed alongside Chairman Mao in the history books, but the recent backlash has diminished those chances.
China has been overly aggressive with its 5G push. In the end, it will be used as a tool for China to use on their quantum computer ripoff of IBM Watson. Relying so heavily upon artificial intelligence for decision making is concerning.
China has been overly aggressive in promoting blockchains. Their quest for data worldwide is of concern when you examine their inside history. The U.S doesn't have to take such measures. The promotion of anarchy is allowed, accomplishing it is another feat. If anarchism was allowed in China the PSC may fall like dominoes.
I think the issue here is the current PSC. They do not take kindly to no. The experts in their society should be able to tell them the margin of error is too especially great, but they would probably get ridiculed for lack of courage and arrested.
China, at this point, resembles one giant North Korea. The backwardness is still being measured.
U.S 2024
I think that if President Trump gets re-elected in 2024 it will be based on the China question. The first thing he may do is insult China to their face. Perhaps a "Fuck you". We should all know by now this man will break all norms.
They say sticks and stones may break my bones, but words will never hurt me. But blatant disrespect will be hard to muster for any leader. The point is whatever China decides to become, the U.S doesn't have to engage. The U.S will change the rules of engagement, this includes the further dilution of the Chinese stake in U.S treasuries.