Reading Michael Pillsbury will help you understand actions by the US admin against China. His book, the hundred year marathon, states the theory it subscribes to according to Bloomberg and Politico (I dont know how true the theory is and some China experts disagree with the book)

"But what if the “China Dream” is to replace us, just as America replaced the British Empire, without firing a shot?

Based on interviews with Chinese defectors and newly declassified, previously undisclosed national security documents, The Hundred-Year Marathon reveals China’s secret strategy to supplant the United States as the world’s dominant power, and to do so by 2049, the one-hundredth anniversary of the founding of the People’s Republic. Michael Pillsbury, a fluent Mandarin speaker who has served in senior national security positions in the U.S. government since the days of Richard Nixon and Henry Kissinger, draws on his decades of contact with the “hawks” in China’s military and intelligence agencies and translates their documents, speeches, and books to show how the teachings of traditional Chinese statecraft underpin their actions. "

http://www.michaelpillsbury.net/

https://www.bloomberg.com/news/articles/2018-09-27/trump-ide...

https://www.politico.com/story/2018/11/30/trump-china-xi-jin...

Competition to usd, Petroyuan is coming.

"The Rise of the “Petroyuan”

For the past decade, China’s strategy for internationalizing the renminbi has involved greater reliance on the IMF’s Special Drawing Rights as an alternative international reserve currency. But the launch of renminbi-denominated oil trading this year suggests that China will now pursue de-dollarization head-on."

https://www.project-syndicate.org/commentary/rise-of-petroyu...