They have nukes. They want Taiwan, where the microchips come from, and where sailors on liberty go to get their ashes hauled. Brandon is selling them the strategic petrol reserve bit by bit.
Want and get are two different things. They will never cross the strait with enough combat power to take that island.
China also has something that the modern US can only dream of—a government of, by and for Chinese ethnic people—no “affirmative action” discriminating against native Chinese.
That is a huge advantage that will be written about in history books a hundred years from now—in Chinese.