What? You realize that nuclear weapons are far stronger then conventional weapons? Do you think any US leadership would tolerate the loss of a hundred cities? Why in the world would China need to annihilate western Europe as well? Did western Europe nuke them? Russia retains so many nuclear warheads because they, like the US, have a counter-force strategy, where they need to target US nuclear infrastructure as well as cities, China has sworn off the counter-force strategy by declaring a no-first use policy. You are certainly dumber then Chinese strategic planners, when you apparently don't notice this. The "secondary MAD" strategy you are referring to is known as a "survivable second strike" by people who know what they are talking about, and it is certainly enough for China, considering the US has never tried anything resembling nuclear blackmail. Those "precarious assumptions" you refer to don't exist, the no first use policy is based on rock solid strategic reasoning that you would understand if you read anything about it, including the article Hendrik posted. China probably does not have "WAY more than 300 warheads" because it does not NEED a massive stockpile of weapons because Chinese strategic planners are not retarded.
I understand this debate has been quite the topic in China as well recently and created a lot of controversy but I'll address your points.
1. I do realise nukes are stronger so what though? 300 isn't enough when some might fail, many will get intercepted, and a huge portion will get destroyed in first strike. We're talking a retaliation to first strike assuming early warning fails to get all missiles into the air.
2. No I don't think they'll tolerate hundreds of cities lost (they don't have hundreds of cities <1M population anyway) but that's not what's being talked about. I believe it takes thousands of warheads of achieve this. With 300, China would be lucky to take a few cities.
3. Because MAD calls for all associated stakeholders to be dragged in. It's principle. If all missiles are on the US, what if US government commands are actually originating elsewhere? What if the US is just the henchman? Europe is not a lesser antagonist and involving them also ensures they are responsible for preventing their "allies" from launching first strikes. MAD works with some nuance. Not only is "outside" parties involved, but they are all stakeholders because when one dies, all die with them and that principle prevents first use or at least gives consequence to third parties in an effort to get them involved in actively pursuing de-escalation.
4. Survivable second strike is good enough?? lol come on. It's never even been tried and thank God. How could one who "knows what they're talking about" seriously even entertain a flimsy theory like that as if it's 100% solid.
5. Dude please. I understand the nuances of no first use. Instead of continuing to write "the no first use policy is based on rock solid strategic reasoning that you would understand if you read anything about it" why don't you actually explain it so that we can pick it apart slowly. Why is no first use solid strategy in the context of providing superior deterrence?
6. I explained why having a small stockpile is stupid. You just said having more than 300 warheads is beyond retarded. Explain it like I explained my perspective.