The only issue I see with your plan is keeping the Chinese writing system. Alphabets are superior, even if you write Chinese with them.
Otherwise as long as my ideas about how the world should function get put into practice, I don’t care who does it. By chance of history US was the one who brought quite a few good ideas into the world, mostly in the second half of the 20th century. But there’s nothing fundamentally American about having good ideas.
Multiple incompatible flawed competing standards are essential for a success of any technology
As someone not using Threads this is a big surprise. I mean I’m surprised it didn’t already have ads.