The blatant declaration of hegemonic intent has been a mask off moment for the US. Most of the world presumed that the US was attempting to preserve its hegemony through containing China, but it's nice to see the US come out and state it. "Live and let live" has never been a Western value; the crusaders mentality is foundational to their cultural psyche. In this, they share much in common with the other "convert or die" civilization - ie Islamic fundamentalists.
China, by contrast, has never been such a civilization.