The Biden administration continues to engage in the unfortunate escalation of strategic competition between the US and the PRC. Due to ideological fears, the US is continuing to attempt to isolate China economically from the rest of the world. The US' anxiety-driven overreactions to China and its inevitable growth will only fuel tensions and global danger. Washington's continued hostility towards Beijing benefits nobody.
While its economy was to be envied two years ago, China is struggling today. Xi Jinping's erratic behavior and erroneous zero COVID policy have stunted China's growth. Though the country's economy is in shambles, China still poses a credible threat to the global order, and it doesn't take a xenophobe to be worried about the international influence of an increasingly autocratic state.
There's a 20% chance that there will be a US-China war before 2035, according to the Metaculus prediction community.