If that is indeed the case, I think is too late, in my opinion.
The historical precedent doesn't account for the fact that Russia and China are currently members of the WTO and that they have their own group named BRICS.
But I applaud your initiative on thinking on the issue and the Logic of your thinking is Good, and this is the most important.
A bit of information less then the needed, in this case, doesn't mean the Logic was not good. So, the understanding can be good.
And something important I have to say, I think, in my opinion, that is a naive misconception to count non-nuclear non-strategical weaponry in any reasoning, those are just toys to play, to show to the other kids and make poor kids envy, they are not weapons, in the Real Game of the Globe. Count only the ICBC in your logic, and you can have a better understanding.