Agree it is arguable whether China has won the trade war but what I mean by that is that they are demonstrating you can be excluded from the wests system, you can be sanctioned from SWIFT and yet China can provide you with both markets for your exports and supply of manufactured goods sufficient to sustain your economy ~ in fact sufficient to still wage war on allies of the west!

This creates the reality now where any nation that might face sanctions - say the Saudis, has and can consider China as an alternative trading solution complete with payments rails and associated nations. Saudis and others have recently joined BRICS.

China is building an alternative trade network alliance and it is the size and broad of its productive economy that makes this possible- to that extent I contend they have 'won' the trade war and are thus credibly positioned to challenge western imperialism.