@no smoking, I appreciate your long and point by point response.
It always helps to know the view of others. You have said exactly what I have read about Chinese strategy 15 years before. The only problem is there are some serious flaws in the Chinese strategy.
The obvious flaw is China cannot become CEO of this company called Anglo-American empire. The empire works on the principle of supremacy of a few people, who are determined primarily by lineage.
We have understood a lot about Western system by working on software projects. Our knowledge of their economic and political systems is probably better than yours.
Your understanding of Western strategy for Russia is flawed. They have always moved to takeover economic systems of the vanquished countries. They tried the same with Russia.
They do not care for the common person on the street. They care only for the ruling class and how to control this ruling class.
The USSR tried to create the company B but USSR is no longer there. The company B does not exist.
Company A exists but China cannot become its CEO. Company B built by USSR is destroyed. The Chinese company C is a virtual company with its assets blocked by company A.
You may treat your holding of US bonds as big advantage but in reality it buys peace only. It is NOT a significant advantage if a war starts. They have plenty of tools to block trade in government securities.