With them still spreading fake GDP numbers (GDP is masturbatory metric, completely unqualified to represent economic health yet modern economists with toilet-paper degrees think otherwise), I doubt it's correct. 2020 numbers don't have weight because if I recall China had to short it's own currency twice or more, but maybe making their currency dirt-cheap and fucking over its own citizens' purchasing power is what wealth-suckers love best. Also, the global economy went down because of COVID, it's not a good signpost year to use.

BRICS nations and their spheres of influence, by default, are going to be trading with China more than the US at this point within their own mega-socialist/caste circlejerk. And having more people buy shit from you doesn't automatically equate to winning. It doesn't say anything about the quality of their manufacturing, as bulk of Chinese-manufactured products don't last more than a few years (read, garbage). It doesn't say anything about them wasting money on ghost cities/towns/buildings that nobody ever uses, or bait-and-switch infrastructure projects in Africa that then blow up in their face.

If it is all true, and the other nations of the world want to wallow in shit and support fascism posing as neo-Communism, they can wallow. We can cut the rest of the world off, focus on throwing out all the detritus ruining the economy and government, and become an isolated powerhouse for ourselves.