There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.
I fully expect that the west will start becoming more racist and isolationist because the relations with the global south are already antagonistic. On the other hand, it’s very likely that Russia will go in the opposite direction because it is economically dependent on the global south. Increase in trade and tighter economic relations will necessarily translate into better social relations and more mutual respect.