The only folks demonizing China are clueless US 'patriots' and I can see it only here on HN since nobody in the world really consumes US news. Rest of the world is already seeing it as better option to US in many ways, but warry of not destroying domestic companies by cheap imports.

What I see from outside is complete full reversal of US and China and their roles in the world regarding politics and security. US has nothing to offer to anybody - backstabbing, frequent changes of policies on morning whims of an old sick man, or very direct economical attacks to closest former allies and threats of military attacks. Plus completely destabilizing global oil transport, massively increasing prices and helping trigger a global recession.

Only an absolute fool would think US has anything positive to offer. In such world, China is by far the least of the evil, role traditionally held by US but not anymore.