The Chinese government is evil, and one of the few things the Trump Adminstration has done right (however ham-handedly) is to demonize it. Unfortunately this leads a lot of otherwise reflective people to assume that must be wrong or racist by association with his other policies
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I think part of the problem with your take is Biden will be quite a bit more antagonistic to China and seems likely to build walls that are robust to international critique. Anything this administration does will be a temporary artiface.
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I agree with you about the general ineffectiveness of the current administration, and I would add that Trump seems personally quite fond both of Xi and of his governing style.
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