Don’t take China on face value, they have every incentive to promote a grifting military industrial complex in the US while focusing on competing in manufacturing. An actual war would fix a lot of the grifting in the US as it would align interests. Pretending they’ll go to war over Taiwan and not doing it is an effective strategy for undermining the US.
I hope you are right, but unfortunately there is no particular reason to trust China's leadership anymore. They are not nearly as obvious at Trump, but they are not on a good path.