The World is shifting from unipolar World to multipolar world or just ideally into a non-polar World. The Best World we could enjoy would be a World with no polarity after all with a single aim at bringing prosperity and working for common good for humanity rather than trying to impose a culture and civilisation upon the rest of the World.
These days the World economic gravity is shifting towards Eurasia, and this is mainly due to the policy of opening up China adopted in the late 70s by Deng Xiaoping. Since then China has achieved what no other nation has achieved in human history: the lifting out of extreme poverty of 800 million people.
October 2021 will be another chapter of this theater celebrating Western elected Nobel peace prize, among the contenders "bla-bla-bla" Greta Thurnberg, US backed-sponsored Hong Kong agents Martin Lee & Nathan Law.
Hong Kong and Mainland China are the big winners here; by enacting a long due National Security Law, Hong Kong has finally decolonized and the "one country, two systems" is a reality now with the restoration of Chinese sovereignty over Hong Kong. The recent economic setbacks should not last long as Mainland's economy is strong and once Covid19 is under control, tourism and the Hong Kong financial industry could experience a "Renaissance", with the increased support by the Central government and the opportunities that the Greater Bay Area will bring to Hong Kong.
China did learn all it could from the mistakes of the Western liberal democratic system and adapted it to its unique system that is only a continuation of an over 2000 year system of meritocracy "mix of selection and elections".