It's the classic conflict. If you look at China and the US as equal, it's unfair, unequal, discriminatory. Imagine if China was doing in Taiwan, which we agree is part of China, what we did for years in Cuba, with assassination and assassination attempts, sabotage, guerilla warfare, and a covert invasion, who is more clearly another country.
But if you look at the US supporting freedom and China supporting tyranny, some differences appear more justified. Where the US should win because we're in the right', not just for the sake of preferring 'our side'.
But that doesn't work well in rules and laws and diplomacy. Negotiations don't do much when they're based on 'one side is the good guys, so they should get more'. Yet China is a tyrannical power.
In the cold war, we got away with murder with covert operations to address this. Things have changed, and it's hard to see how this doesn't lead to a major and global conflict. If China, India, Russia, and Saudi Arabia unite on 'one side' against the US and Europe, who might join each side? How would it go, likely an economic war with regional conflicts like Ukraine and Taiwan?