This would have been a perfectly fine analysis 6 months ago to expain the preceding two years.

In actually fact the last six months (which is the cause of OPs case) is something not explained in your post.

Covid has been a catalyst for an abandonment of the "bide your time" philosophy. Xi has correctly assessed that the time is now - not just because the world is weak but because the political impact of covid (having originated in China) would have turned opinions globally.

What is happening now would have otherwise been playing out in around 10 years had everything kept on the same slow and steady track.

Historians will look back and judge if Xi has made the correct play, all we can do it sit back and watch the memes comes through.