Value of bombers like B21 or H20 essentially boils down to this: Can they actually fly deep inside peer enemy airspace, drop stand-in weapons, and get out - without being detected and engaged? If the answer to that is yes 9 out of 10 missions - then they're not worth it. If it's yes for 99 out of 100 missions - then maybe. And that's a very tall order for either US or China. In a sense, China and H20 may have it easier there, as more of their missions might entail bombing various island bases in the Pacific. Where US detection asset network may not be as thick and as capable as China's network against B21 trying to reach Beijing, Chengdu, Wuhan etc.
If such bombers are lost too easily and too often - then they don't make sense. During Linebacker II campaign, 741 B52 bomber sorties were made, and 15 planes were lost. That's two percent loss ratio per sortie - which USAF saw as very worrying and which would be unsustainable in a long term war. Even when US had hundreds of B52s in fleet. With H20 and B21, it's almost assured there will be fewer bombers in either fleet.
I think the vast majority of H-20 missions will be against isolated island bases.
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Consider that within the 1st Island Chain, almost all targets can be reached by:
1. Heavyweight fighter-bombers which can launch 100km ranged glide bombs safely offshore
2. Tomahawk/JASSM/Shaheed type cruise missiles launched from trucks on mainland China.
So there isn't really any need for a H-20/B-21 class bomber for these missions
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In the 2nd Island Chain, it really is isolated islands, so there's no need for a H-20 to ever overfly hostile landmasses. The most challenging scenario is if they have to use glide bombs.
In any case, the Chinese plan is to use the J-36 and carrier aviation to obtain air superiority over those isolated islands.
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In the 3rd Island Chain, all the targets are islands or coastal so the most challenging scenario is around glide bombs. But here, the H-20 will be alone and unsupported.
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Then there are the naval targets, particularly the carrier groups. For this sort of mission, the H-20 will definitely be using fast, long-range missiles