China is a currency manipulator who steals patents and ideas from other countries. The US uses the reserve currency as it's most beneficial soft power. The Petrodollar is the clearest example of this by a large margin.

Both are true.

The US also stole patens and ideas from other countries. So did Germany and Italy and pretty much every other country on this planet. Yeah, it is true that the US doesn't like a challenger here and when someone doesn't play by the rules that they want to set, they get upset. Everything is true, yes.