For decades, analysts have been predicting the moment when China would inevitably overtake the United States as the world’s strongest power. That moment still hasn’t come. But then came last week, when Donald Trump’s economic threat against China backfired spectacularly.

Today, Peter Hartcher on the political turmoil in China that is stopping the country from realising superpower supremacy, for now. And whether Australia - unexpectedly thrust into a power position in this fight thanks to Anthony Albanese’s triumph with Trump this week - moves us out of our spot as a “middle power”, and nudges us higher up the ladder.