the west never went to war with the USSR did they?
They certainly did - only using their most effective weapons available at the time, economic and productive. They forced the USSR into an arms race they couldn't afford and, through use of the international economic organisations thread helped found (the World Bank, IMF, WTO etc) they bankrupted them....
They don't have the first two advantages any more - and the Chinese saw what happened and either joined the latter or set up their own....
https://en.wikipedia.org/wiki/Asian_...nvestment_Bank