edit: added not. gotta slow down
To be honest, China really sees itself as a world power. This is only because of the economic affluence it had on every country on Earth. Military wise, they do spend a lot of money but the equipment and training are not quite on par with the top dogs in the game. CCP also has no regards for its people so worst case is to sacrifice a few million population in case of an international conflict.
The problem with China is like a professional boxer fighting on a street with thugs. Your opponent is not afraid of getting down dirty on moves, they are not gonna abide any rules, nor do they have anything to lose.
Hear hear, the US just pay some privately-own'd armys for the 'dirty' stuff, to stay with your analogy, they just pay another thug that was probably a professional boxer in his former life ;)
This HK takeover by China is significant and the social media taunting that China is doing is not exactly peaceful: https://twitter.com/HuXijin_GT/status/1265498343947542530?re...