How will a changing world order affect my SPY position and my FXI position

I have a decent position on FXI (hedged for almost a year now) and $SPDR S&P 500 ETF(SPY.US)$ . I was reading up on Dalio’s change of world power and wondering what would happen to each of those positions if there is a change in the coming year (speculation).

What about when the US dollar weakens and the YUAN gains power?

What if we go through stagflation during that time?