Ever since 2018, China has been facing serious challenges from Sino-U.S. trade war. The tension accelerated in 2020 as President Donald Trump hoisted many different accusations against China. The Biden administration has not shown any change in direction against China since his presidency in January 2021. In fact, the U.S. government continues to raise the bar of confrontation by engaging its strategic alliances countries into a network to contain China.

Based on your knowledge:

Question: Analyze possible challenges and opportunities, in terms of political, economic, socio-cultural and technological perspectives, for Chinas pursuit of a socialist modernization country arising from the China-USA confrontation.