I'm also not sure how the chaotic mess that was China in the thirties posed any sort of competition. Russia for its part was an ally of Germany's until it got attacked.
I've always thought that the absolute horror and folly of that war is what strengthened the European populations to get control of their governments to make sure that this didn't happen again and knocked the virulent forms of nationalism out of their political structures for 2 generations as a respectable public expression. "I said, 'Wait a minute, Chester, You know I'm a peaceful man...'" Robbie Robertson