You could read a number of books on this subject. The China Dream, On China, or Destined for War: Can America and China Escape Thucydides’ Trap? The Economist is a good magazine, with almost weekly updates on this topic.

We've been surpassed in PPP, Global Trade, Industrial Output etc. China's steel production is 1 billion tons a year, the US 80 million tons. They poured as much concrete in the last 10 years as we poured in the 20th century. In just a few years we will be surpassed by GDP and witin 25 years China's GDP will be double the United States.

China's rise is not disputed.