[roenxi]

Depending on how honest China's economic data is, in theory the interesting part has probably already happened. The Chinese economy is a behemoth. The era where the US was the unquestioned global leader is over and probably the era where they were the most industrially competent nation too. China's policies are probably more material to the global economy right now than the US's, although it won't be easy to tell without a few decades hindsight.

As far as I can tell, if the Russia-China-India axis agree on something there isn't going to be much the US can do about it. That suggests Asian issues are about to become globally significant in a way that they weren't back in the 2000s.