Russian and Us nuclear stockpiles are needlessly vast, and are largely the result of legacy choices. All of that costs significant amounts of money to maintain and replace.
Just as an example, the US is looking to be spending nearly half a trillion dollars to upgrade its old weapons; or roughly 6% of its defence spending over the course of the programme. That’s just upgrades and does not cover routine maintenance and security.
Russian conventional forces are falling further and further behind the rest of the world because its strategic forces eat up a huge part of the defence budget.
Scientists have estimated that it would only take a few hundred nukes to create a nuclear winter that would be an existential threat to all human life on Earth. So getting thousands of warheads is like trying to gear up to win the worst kind of Pyrrhic victory.
Whatmore, from a purely technical standpoint, 300 nukes is more than enough to erase the US as a nation from the face of the earth. Take away the 300 biggest and most important population centres, and throw a few more into key water sources for extra vindictiveness, and what is left is going to struggle to just survive.
It’s not the number if warheads that is the limitation, but the delivery method. And that is precisely what China has been working on.
With the DF31 and DF41, MRV’ed to boost survivability with penetration aids more than purely to add more warheads; JL2 and 094, with 096 not far off in the future; the new H20 stealth strategic bomber; work on hypersonic gliders etc; China now can reliably hit the US with more nuclear warheads than ever before in history; and that number is only set to increase significantly more as the aforementioned projects mature and enter service in increasing numbers.
Even without increasing warheads numbers, China is significantly boosting its nuclear deterrent to entering MAD territory for the first time in history.
Adding warheads is essentially meaningless and counterproductive without investment in reliable and survivable delivery methods.
But if China develops the delivery methods needed to reliably drop 300 multi-megaton yield city busters anywhere on the CONUS from launch points in or closely around its boarders, it has MAD already. More will Nukes will just eat up more of your defence budget for no additional deterrence value.