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LegitHyperbole said:

The US would do well in a war economy as long as the war is over seas. The factories are ready to be converted to weapons manufacturing quick and easy. Already they are making money selling arms, no? 

It's more than an ego thing with Xi, they really want Tawian back, it's a matter that same as here in Ireland, many want the Northern province reunited with the republic but in Chinas case this won't be as easy as Hong Kong was to snatch (remember that, no? That's the idea) They will try to get it back and the west will not allow this wheter it's Trump or Kamala. There's two great books you should read if you're interested by Robert Spalding. Called Stealth War and a follow up called War without rules. It explains in great detail how China operates and how this would be difficult for the west to confront. They're already fighting by proxy even if they won't admit it, Ukraine and Isreal are about as much as the US fighting China than themselves fighting. China has the US wasted resources backing these fights while China is sitting back relaxing. 

Again, I say this is a new age of warfare, one with the internet and things that weren't even dreamt of in ww2. Operations like that with the walkie talkies. Stuxnet. The recent russian propaganda a few weeks back where they tricked a load of fools into propagandizing for them in the US like Tim Pool. And so on. 

It could play out very oddly. Unmanned drones attacking unmanned drones for example. Hacks on infrastructure that would do severe damage like stuxnet. If they don't go to a hot war like in the past and we are in a cold War now or enter a cold war we'll never get out of it cuase of the Internet, it'll be forever.  

China is indeed playing the long game. Watch the US decline while extending their influence in the ME and Asia.

And yes electronic warfare will be the future. Hence the developments in AI are so worrying. WW3 will likely be fought by AI. Israel is already using AI to select targets based on meshing intelligence streams. (Often gets it wrong but that's not stopping anything)

The world is already at war, never stopped. 70 countries participated in WW2 while 150 armed conflicts are ongoing today. WW2 was the deadliest and hopefully we never get to that point again, bombing entire cities to the ground. (Well Israel is doing it in Gaza :/)

However the global economy is very much dependent on global trade today. There is too much to lose and not much to gain. The big powers are dependent on each other. Yet there will always be more tyrants. To prevent WW3 humanity needs to find a way to stop people like Putin, Netanyahu, Khamenei, Xi, Trump getting into power.