PC: Sino-American Condominium?

I've recently had this idea about China and the USA establishing a "world government" of sorts (after a WWIII of sorts), but I wonder how can it possible to achieve this idea post WWII?
 
Here's my quick and easy idea

1. KMT China wins Chinese Civil War with copious USA assistance and lives
2. USA has major hand in rebuilding NatChi to "contain" the Soviet threat
3. USSR doesnt freak out and start WWIII (thus erasing NatChi as nation even in clean USA win/USSR defeat) decides to throttle back their export socialism schtick
4. NatChi/USA builds super close relationship together pretty much at the complete expense of building up other majorAsian nations (Japan, Korea, SEAsia), letting NatChi take the lead of being regional hegemon and USA's Asian Guarddog
5. NatChi GDP and livings standards rapidly catches up to the USA and other 1st tier countries
6. USSR/Russia continues to not lose its shit and falls from great power status peacefully and with much better results than OTL, knowing theyre no match economically with NatChi and deciding by force of arms is merely suicide with USA as last man standing
7. USA takes care of all the high tech, office work, admin, white collar stuff while NatChi focuses mostly on heavy and light industry, during much of the run up from post WWII to 2000s
8. As time goes on and it becomes clear that NatChi will surpass the USA economy handily, USA proposes a condominium where USA is top dog of Western Hemisphere, China is top dog of Asia, peaceful co-existence and prosperity being the primary goals. China happily accepts as they are grateful for all the help the USA had provided during some of her darkest hours

Not too hard as long as the USSR issue is settled peacefully. NatChi winning WWII with massive US help merely jumpstarts everything and gives a massive bonus between USA/China relations.
 
3. USSR doesnt freak out and start WWIII (thus erasing NatChi as nation even in clean USA win/USSR defeat) decides to throttle back their export socialism schtick

I'm not sure if a WWIII can wipeout a KMT ruled China since the US would likely back it up during conflict just as it had in WWII, only more directly in that case (unless you're talking about the nuclear aspects in which yeah, I can understand ya).

Speaking of which my take involves a war in the 1980's that starts out in Europe but rapidly spreads to Asia with China joining in and after the conflict establish an alliance after the PRC falls around 1990. I wonder if this can work?
 
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The world of Firefly is one where the US and China led the way in space colonization and, eventually, the evacuation of the polluted "Earth-that-was" in order to settle a new star system. The predominant culture in the setting is essentially a fusion of American and Chinese culture; both English and Mandarin are widely spoken, and many characters are bilingual.

The problem I see is that a developed, industrialized China would be top dog based on population alone. The only way to put the US on equal footing would be to have it absorb the whole continent in a North American Union; it would still be well behind in population, but it would have a towering resource advantage. (Then again, you could argue that Canada and Mexico are basically economic vassals of the US in all but name already...)
 
The world of Firefly is one where the US and China led the way in space colonization and, eventually, the evacuation of the polluted "Earth-that-was" in order to settle a new star system. The predominant culture in the setting is essentially a fusion of American and Chinese culture; both English and Mandarin are widely spoken, and many characters are bilingual.

The problem I see is that a developed, industrialized China would be top dog based on population alone. The only way to put the US on equal footing would be to have it absorb the whole continent in a North American Union; it would still be well behind in population, but it would have a towering resource advantage. (Then again, you could argue that Canada and Mexico are basically economic vassals of the US in all but name already...)
I see your point, though China would still have the lead if it were to get Mongolia and Tuva and parts of Central Asia under its rule, similar to how the Qing dynasty one had for a while.
 
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