Which part of this is not-the-onion-y? Building stuff on the moon might give us a good jumping off point for solar system exploration, and having a power source there would help construction. Is it that it's Russia and China doing it?
If I were writing a fictional story about world domination by ruthless politicking, overthrowing foreign governments, and assassinating key opposition figures around the globe without an effective concern for local populations, it would be about the US.
But if I were writing one where the first step to world domination was an advanced moon base... pretty much gonna be Russia or China.
FWIW the first one is pretty much actual US Imperialism.
Unfortunately for Star Trek we need to go through the Bell Riots first.
The Bell Riots were of such significance that their absence from Earth's history led to an alternate timeline, in which the United Federation of Planets was never created.