The neocons had an intelligent banality to their evil. They could do things which rocked the boat, but they knew which rules to follow to get what they wanted. Trump isn't limited by these things.
In practice they have been pretty hands off as they develop the global south afaik.
They're also only doing it for its resources, I think you could realistically assume, but it can't be denied that their approach has brought much better results than America's so far.
Except China is a full blown dictatorship fully committed to genocide and land grab their way to the top while the USA can still steer away from it even after everything that‘s already happening.
Bolton is an interesting character in that I believe he has the USA‘s best interest in mind but says and probably did a lot of evil things in the eyes of the rest of the world.
With that in mind I think that, yes, he is absolutely right but it doesn‘t and shouldn‘t be that way. The world needs to be less dependent on China or the USA and maybe here is the chance to do so.