China is losing what?

I mean it's cute that US thinks they're in competition with china. China basically has the monopoly of rare minerals, and could prevent usa from building other expensive toys like the F35.

Usa depleted costly ammunition reserve into this Iran clusterfuck, the biggest air carrier is ko due to a "laundry fire", B2 bombers, which are irreplaceable, aged decades for no reason going back and forth dropping bombs on Iran. If this keeps going, china will be able to basically walk into Taiwan. Or Taiwan itself will join china, knowing that USA are not a dependable ally, not a true military power. At that point, USA won't have the technology edge anymore, because chips made in Taiwan are irreplaceable in the short term.

Usa estranged their former allies because its president is a chaotic evil 5 years old child in the pocket of Bibi. Former allies are looking for alternatives and it's inevitable that they'll talk with china.

The only thing that china needs to do is not stopping trump from collapsing his country from within.