Those aren't necessary outcomes, those were policy decisions made by the US/Western elite. They
chose to deregulate and let global capitalists do whatever they wanted.
USD has been primary global reserve currency since more or less the 1970s (end of Bretton Woods period), but the tendency for plutocracy goes much deeper and has not abated in the last half-century.
China has a lot more tradition and experience running a long-term civilization that doesn't rely on endless conquest and growth, and they have fresh memory of how USA/Britain fumbled the bag. Expect them to repeat the same mistakes at your own peril.