[memetherapy]

Well China is obviously a bigger threat than the USSR now because the USSR hasn't existed for about 30 years. And while China may threaten western, or rather US hegemony it isn't an existential threat to the USA or EU in that China is unlikely to try to invade and / or nuke Western Europe or USA in the same way the USSR did at various points. I'm not saying that China isn't a threat to the USA's position of hegemonic super power but that's a very different claim.