Mr Bastian Giegerich, the Director of Defence and Military Analysis at the International Institute for Strategic Studies (IISS) mentioned that China and Russia are empowering their military forces.
China is advancing its capabilities both in air and water domains, by having in its services a stealth fighter jet and a heavy navy. On the other hand, Russia’s defence modernisation program seems to be paused due to economic difficulties. However, Russia has a long experience in conflicts and in using new equipment and technologies and its personnel, which it is a big advantage itself.
Taking the above under consideration, there is no one single power or dominance. The power is contested and China and Russia are questioning the dominance of the US.