America has lots of natural resources (even more when we're friendly with Canada) cheap electricity, good transportation infrastructure (historically).
China has to import much of their raw materials. Wood from SEA and Russia, oil from the middle east and Russia, even coal, ore and beef cattle from Australia! They don't have the water supply, forests, mines or oil that exist in North America.
There is no good reason for them to be the manufacturing center of the globe and there were rational reasons why the US was the center of manufacturing in the globe in the 20th century.
The reason they became the global center of manufacturing was policy choices in China and the US at the turn of this century, and the reason why they remain the center of manufacturing is they developed a massive amount of capital and know-how in an era where the USA was actively destroying its own.
China has plenty of coal. They import metal refining coal, which they don’t have. And they import thermal coal because it’s easier to boat the stuff in from Indonesia than move it east by rail from western China.
Australia was never very interested in being a manufacturing power house, they simply don’t have the people for it anyways, and it’s easier to ship raw material than finished goods vast distances. Russia has the same problem in population so China is convenient for them. China would have happened even if the USA didn’t help it along in 80s-90s.