Yeah, it’s a stealth strategic bomber and can hit boomer decision makers right in the G-Spot regarding safety of CONUS, but from China’s POV (at least in this reality) war against US homeland is not really in the cards.
I suppose let's put it this way:
# 1 - If the H-6K/J/N and GJ-X could carry 2-4x YJ-XX each to strike certain air force bases and a certain naval base on Guam, and that the H-20 could carry 6-8x of the same YJ-XX to strike the exact same locations; and
#2 - If the H-6N could only carry 1x JL-XX and launch it against a certain air base in Anchorage from inside China, and that the H-20 can carry 2x of the same JL-XX to strike the exact same location from inside China; and
#3 - If the H-6N can only utilize 1x JL-XX to strike at a certain fighter manufacturing plant at Missouri from 9000 kilometers away and inside China, and that the H-20 can utilize 4x DF-XX to strike the exact same location from 4000-5000 kilometers away and somewhere between Honolulu and Vancouver -
Then having H-20 in PLAAF service is certainly way, way more than just serving as one "status symbol" for a militarily rejuvenating and ascending China.
Of course, the H-20 may only be equipped with either one or both the #2 and #3 capabilities, depending on how the H-20 is eventually designed and engineered - But the still point stands.