A dominant China is interested in promoting their own values of Xi thought. And they're working very hard to promulgate it. Their coercive ability is remarkable in how it's already transformed Hollywood. Their ability to do so will only increase.
You have quite literally also just described the US.
"China and Communism are a threat which we should seek to undermine". It works both ways.
[1]: https://www.politico.eu/article/xi-jinping-turned-me-into-a-...
For the last decades, the US has been actively trying to undermine -- mostly covertly, sometimes more openly -- leftist parties and organizations in Latin America (more often than not completely unrelated to China), so...