China can't afford to go to war. War used to be a way to employ excess sons. China no longer has excess sons. Every man's death in war extinguishes an entire family line. Each death also hastens the aging of the population by removing decades of man-years per corpse from production.
In addition, invading the most likely flash-point, Taiwan, creates its own problems. The world is currently experiencing a massive chip shortage. The biggest fab labs in the world are in Taiwan. If China were to invade, the Taiwanese would almost certainly destroy the fab labs to keep them out of Chinese hands. China uses 61 percent of the world’s chips in products for both its domestic and export markets, importing around $310 billion worth in 2018. That is, China depends on chips just as much as everyone else does.
And each year the Chinese do NOT go to war, their whole population gets one year older, exacerbating their demographic problem, and making it less likely they will risk a high-casualty conflict.
We are a paper tiger due to the politically correct crowd infiltrating the military, but China's a paper tiger because it's demography doesn't really allow a full-scale, high-casualty war.
It's a Mexican stand-off between an old man and a transsexual.
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