PRC will have enough military strength to attack Taiwan and challenge US Carriers. We don't know if they'd win but... enough strength that they're a real threat... at least near China (with assistance from land-based hypersonic missiles and whatnot). PRC probably doesn't have the military strength to attack Arizona.
China will have a Navy that (by tonnage) rivals the US's Navy in a few short years. US still will have more capital ships but there's big, unanswered questions about what the proper tactics will be in the next great naval battles.
Would we rather have the US's "Supercarrier" strategy? Big ships with lots of money put into each one? Or would China's "little ships" strategy be superior?
Really: one question. Will China's hypersonic missiles truly be a capital-ship killer? If their weapon can truly kill a US Supercarrier, (or more specifically: if China __believes__ it can kill the US Supercarriers) then China will probably attack Taiwan.
China is building a navy for _some_ reason. Taiwan seems like the obvious target.
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China's increasingly large Navy is a big enough deal that the USA has given away its nuclear submarine secrets to Australia to counter-act the threat. That doesn't really change the picture too much (US always had nuclear-submarines available), but its clearly a degree of saber-rattling going on right now between US and China.
we had an actual intel plant manager who actually ran one of intel's fabs on one of the previous threads about this and HNers of course deigned to tell him his business, as usual. Love it.