Well, not in the immediate future it isn't. Demographically, speaking, it's heavy on the olds, and is scrambling madly to get itself ahead of steep labor decline.
This is post-industrialization where England tore ahead of the pack pretty quickly and managed to push a relatively tiny country not just ahead of their European competitors, but also ahead of giants like India and China.
As China industrializes, and they'll have to, they'll push ahead of everyone. Their domestic market is too huge.
I don't know that it is destined, it is quite fragile in some ways. I would say that it is fairly likely, though you never can tell.
It partly depends on how hot the whole Russian thing gets and on what Turkey does, as well as the US managing the very delicate business of keeping Saudi Arabia, Egypt and Israel simultaneously happy, so as to keep the Suez open.
