The assumption that China will become the world's most important market is extremely wrong-headed. Their government is incredibly fragile and the world saw this with the outpouring of dissent on WeChat during the COVID outbreak. China also faces the largest demographic timebomb that will ever be witnessed in history, has no allies, nor exportable culture or soft power. These will a huge impediment to it as it tries to move from manufacturing power to political power. Also the Chinese are a decade behind in semiconductor fabrication and fundamentally are still highly dependent on Western tech. The world still dreams to be American in a way they don't dream to be Chinese.

By the way, bringing in politics to a discussion about tech with those comments on Iraq is best avoided.