Earlier quoted context omitted.
You've said a bunch of things that don't really equate to "China already won".
> You've said a bunch of things that don't really equate to "China already won". There is no path for victory for the US, where it remains the world's reserve currency. China will become the world's reserve currency by 2032. You are simply in denial. Everything that I wrote points to China winning.
China doesn’t want this for the same reason that some Americans currently in power don’t want the USD to be the world’s reserve currency - it comes with an export and trade cost.
There are also many structural and political reasons why the Yuan can’t play this role not least of which are transparency, the peg and monetary supply independence.