Yeah I remember that period too from 2023 to early 2024, when the West had thought it'd won. Every week was an article about how China was alienating countries, cracking down on its companies and entertainment sector, and how Chinese illegals were pouring in through the US border, signalling in effect the so called Cold War was over before it even began and the US only had to grab the proverbial popcorn bucket. But then of course, the election happened and China simply went, "I believe that popcorn bucket belongs to me."
The video also had some tidibits I'd never though of. Like how when it comes to AI the US holds up its unicorns which care little for anything else other than fundraising, while China actually implements AI on the societal and logistical level. Thus giving it a leg up at setting AI standards globally. I guess its roughly akin to how Germany has fewer fortune 500 companies than even France, but is still Europe's head honcho economically and technologically due to its Mittelstand firms that dominate global precision engineering of core components.