IMO, that remains to be seen. China is still adding new coal capacity roughly equal to America's entire coal capacity, or about ~160+GW, just in 2025(74GW)/2026(90+GW expected) while retiring almost none.
Chinese coal *consumption* seems to be trending down, not up, regardless of capacity: https://www.carbonbrief.org/analysis-chinas-co2-emissions-ha...
Sure, we've seen this rodeo before, circa 2015 -- when it dipped a few points, then it continued on its march toward coal supremacy since.