Already went from "decoupling" to "derisking".'Level playing field' and 'market distortions'. They mean Chinese economic model 'distorts' the economy. They prefer PRC to wholesale adopt neoliberalism and to not make any industrial and technological five year plans and subsidize those plans to make them come to fruition. When you see those two words of 'level playing field' and 'market distortions' come out of the mouth of westoid that is what their meaning is. The 'free market' domestic and foreign tycoons will take care of all citizens and the future of the nation a la Hongkong: a city which wholesale implemented the neoliberal economic model and now has people living in coffin homes with zero technological vibrancy. They have been engaging in forcing their preferred economical model on countries around the globe since at least the 1980s through trade agreements and western dominated institutions like WTO, IMF and World Bank.
Same time around in a few years, we will have "competitive co-existance", and 10 years from now we will have "acceptance".
Says it all about Western strength and the American Hegemonic power level
