China has entered into its expansionist/neocolonial phase. Just like the USSR did, and just like its defeated ideological siblings did (Fascist Japan, Germany and Italy).
The Soviets not only directly held territory conquered from other nations, but also assembled their own "Belt & Road" alternate economic system to compete with the West. That system was much more disconnected than the one China hopes to build, and it ultimately failed.
Not to mention the global military presence it built, in conjunction with rival security alliance system – which China also hopes to build.
So, can we outlast the Chinese like we did the Soviets? China is also highly dependent on the very global trade system it seeks to supplant. Wonder how well that will work out.
Oh, and on this:
Chinese President Xi Jinping warns of disaster if one civilisation imposes its will on another
Chinese "civilization" is WESTERN. Irony, yes? Their government system was imported from Germany and Russia, their economic system from Europe and the US, their development model post-1972 from S. Korea and Japan (themselves based on Western civilization). Their military, tech, organization -- all based on Western models. So what is "Chinese civilization" if it has largely remolded itself along Western lines with some *cultural* differences??