I agree that Nobel Peace Prize up to now has been another hegemonic tool, however WTO was also created as a hegemonic tool to allow US to use her relative advantage in trade under the name of "free trade". Yet by joining and playing the game better than the US China has converted WTO to be more true to it's supposed aim, to the point that US got so butt hurt they deliberately crippled it.
I think Nobel Peace Prize could also follow such a trajectory. If Yemen war does end and it's clear it's result of Chinese mediation than they must give the next prize to Xi or they will become an even bigger laughing stock. Nobel Committee as an organization has its own momentum and has to justify its existence and they may well be forced to do this despite objections from the west.
Or maybe they will stick to their guns and refuse to award Xi, in which case it's only a matter of time before someone from the Global South gets an idea to create their own Nobel prize, but with blackjack and hookers.
