> The CPC sees itself in a life and death struggle with liberal capitalism as (allegedly) championed by the EU and USA. One or the other will triumph. The two orders are fundamentally incompatible. A new cold war is here, whether the Americans want it or not.

I'm pretty sure the CPC has one enemy: losing control of China. That is the ultimate bogeyman, and when you view China (or Russia) from that point of view, you can understand them much better.

> What would you say it implies about how he sees the USA?

A potential cause of losing control.