I'm pretty sure that China was doing well, even during Trump's (Hybrid) "Trade War", and didn't need any help from Biden, to surpass us economically.
Ironically, antagonism and aggression towards China, are the two biggest points of overlap between both halves of the Monoparty Blob, in DC.
https://dissidentvoice.org/2023/07/neocons-want-war-with-china/