We don't know. Only years in the future, with the benefit of hindsight, will we be able to conclude something.

What we do know right now is that the US has been a poor hegemony, inflicting a century of suffering around the world, and China has not. They might end up being worse, but given the last hundred years of history, I find that unlikely.

I'll take the risk of surveillance and debt traps a thousand times over something like Operação Condor.