Staff (2021-11-16). Historian Alfred McCoy Predicts the U.S. Empire is Collapsing as China's Power Grows. democracynow.org President Joe Biden's virtual summit Monday with Chinese President Xi Jinping follows the two countries' announcement just days earlier they will work together to confront the climate emergency after Xi did not attend the U.N. climate summit in Glasgow. Tension has been mounting between the two superpowers, especially over Taiwan and Hong Kong, with some speculating that a new Cold War is developing. "The United States, in the immediate future, is faced with the possibility of fighting a war over Taiwan … that it would probably lose," says Alfred McCoy, professor of history at the University of Wisconsin-Madiso…