As China is expanding its boundaries in neighbouring countries and making strategies, seems intending to compete USA. The Unofficial bloc of China, Russia and Pakistan are to use their separate currency for trading among these three countries (as I read in a researcher's page discussion). This nexus with two super power countries, in today's changed situations because of pandemic, can emerge as a new global superpower. China is taking full advantage of pandemic by expanding its boundaries and strengthening its political and economical relations with neighbouring countries which will increase china's strength, Russia has been a superpower since last many centuries. If these both countries joined hands to take control of global power, it'll give a hard competition to USA.
China is playing a smart politics in it's foreign policies, keeping Pakistan, Nepal and Bangladesh with it will be fruitful for China as it's expanding its boundaries in India too. China will provide weapons to small countries n conspire with them to keep India busy on other borders to weaken India and grab more land. China will gain double profit, by taking land and by imposing war on smaller countries, China will finance them, it's profit will go to China but expenses will be paid by smaller countries like Pakistan, Nepal and later may be Bangladesh too.
World needs to decentralise this power. Neither USA nor China etc should keep all the power and all countries should be awaken now because these situations may lead us to WW3...