> It cant declare war.
History tells us that countries can and do declare war when it would be illogical for them to do so. There was a running theory before WW1 that the economic interconnection of Europe made war impossible, which was obviously false.
Does this mean China is gearing up for war? No. But to declare that China can’t declare war is fairly ahistorical.
> China is not trying to emulate the us … disregarding the propaganda
Ironically, I’d argue that this is propaganda. “We’re not like that other power, we’re so much better” is pretty classic stuff.
Although I’d argue that China isn’t emulating America, I’d argue that China is emulating 19th century Britain with its debt diplomacy.