Firstly, munitions is only part of the equation. The cost of launching such a campaign includes the man-hours of work needed to keep your delivery system in operational condition, the fuel and supplies needed to repair any damage of your assets and the risk of losing your strike platforms. Think of it this way, the Battle of Britain was not purely won by UK counter-bombing Germany.
Yes, I agree, and I believe with the current balance of forces that China and the US have, the US would be capable of waging such a conflict successfully.
Chances are, this will change in a decade's time or two decade's time.
But right now? No.
As for the problem of threatening American MIC, I disagree with you. Firstly, cyberwarfare, space assets and even saboteurs can be used to delay or destroy American assets. Potential targets include power generation, water supply and transport infrastructure. For example, orbital bombers/FOB systems can be used to bomb major power plants to disrupt the supply chain. Sure, the F-35 production plant maybe very secured with multiple redundancies built in, but that is not helpful if the workers are starving at home because food cannot be delivered to Walmart.
I agree that cyberwarfare can be used to target production facilities and national infrastructure in general, if one wants to consider national civilian infrastructure to be "viable military targets".
That does not solve the fact that Chinese production facilities will be more vulnerable and degraded than US production facilities -- and congratulations, by conducting cyberattacks against US civilian infrastructure it means that you consider them viable military targets, so the US will consider Chinese civilian infrastructure as viable military targets.
So nice, now the US and China will doubtlessly conduct cyberwarfare strikes against each other.
But it is only the US that has the capability to conduct kinetic strikes against Chinese production facilities -- on and to conduct kinetic strikes against Chinese civilian infrastructure too now as well.
You've just made the war worse, not better for China.
Secondly, China can use the existing divides of American society. The US is currently suffering from racial and class tensions and by disrupting civilian production (which is far less secured than military production), China can indirectly incite more unrest, riots and violence in general. The goal is not to threaten the American military production directly. Rather, threaten the survival/safety of the workers to reduce their efficiency.
The US can do the same to China, and arguably do so more effectively given the Chinese civilian population will be suffering from the effects of a constrained SLOCs and have their own territory actually subject to strikes.
As for Chinese MIC facilities under attack from the US, the increasing sophistication of AA systems and higher social cohesion can help China in rebuilding more quickly.
The loss of specialized production tools, experienced engineers and production staff, is not easily replaced.
"Increasing sophistication of AA systems" doesn't help to counter the fact that at the end of the day, Chinese production facilities (and apparently Chinese civilian infrastructure now) are vulnerable to being targeted by kinetic strikes while US production facilities are not.
Meaning that at the end of the day, Chinese production capabilities for the military effort over time will become more and more degraded and more and more ineffective than US production facilities.
Again, strategic bombing by itself cannot defeat a great power. You can do so to Yugoslavia (somewhat controversial but let's say that's the case) but a power like China has enough strategic depth and industrial capacity to rebuild quickly. Put it this way, you can try to beat a boss in a video game but the boss is regenerating faster than you can deal damage to it.
I never said that strategic bombing by itself can defeat a great power.
I said that a war of attrition would not be preferable for China because its production facilities will be able to be struck and degraded by US forces and its SLOCs will be capable of being threatened and at minimum significantly affected.
If China is defeated in such a conflict, it will be due to long term (i.e.: attrition) gradual peeling away of Chinese defenses and gradual destruction of Chinese facilities that makes China unable to have the material capabilities to fight.
1. Stealth fighters. I do agree actually. However, what can you do with stealth fighters when all your forward air bases are destroyed? Realistically, you can only field a certain number of planes based on the logistical train that you can support. In the West Pacific, the US is faced with a lot more challenges than China. Harassment from missiles and subs, Chinese cyber attacks and jamming, and just pure distance means that it is very difficult for the US to sustain such a large air fleet. In other words, the strength of American stealth fighter production is great for defense, not for offensives.
2. Large Tankers. C-17 production lines are closed. C-5 lines are also closed. There is no US edge in CURRENT production.
3. Stealthy strike missiles. This is about doctrine. China has way more supersonic cruise missiles than the US. It is not about the US having better tech. Rather, it is about the US having a different military theory than China.
4. Helicopters. I agree. However, just like stealth fighters, what can you do with them?
5. Nuclear submarines. I do agree on that point. I think American submarines will be the biggest concern of the PLAN and Chinese shipping.
6. Engines. Yes China is behind. However, I don't think engines by itself will be able to win a war. Again, it is definitely a weakness, but current China can already make-do to an extent.
Large tankers -- I'm not sure what C-17 and C-5 has to do with anything, they are not tankers.
US production of KC-46s and large commercial aircraft is something that China cannot match (even leaving aside the current fleets of tankers each side has in service).
You are missing the forest for the trees.
My point is that "China does not have an edge in industrial production" -- all of those six categories were ones where I stated to demonstrate to you that China does not have an edge in industrial production in many important domains of military hardware and military systems.
Nothing here you wrote has countered my argument, so I take it that you concede this point and agree that China does not have an edge in industrial production.
How big of an effect? Is it worth losing multiple carriers over?
With the current capabilities that China has, their ability to threaten US carriers operating in the Andamans region is next to nil.
The global supply chain will be disrupted.
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As I said, such an attack is not carried out by one asset only. Which is why flying over Myanmar or Thailand is needed.
China cannot track a carrier in the Andamans because they will not be able to operate the same extent of air power over the Andamans region as they can over the First Island Chain -- even if Myanmar or Thailand choose to open their airspace to China, the US is not going to sit idly by -- they will quite happily declare war on Myanmar and Thailand to wipe out their puny air forces from carriers and bases in Singapore and Australia and deploy a minor fighter presence in that region to easily shoot down any puny UAVs that China deploys to try to search for US carriers in the Andamans.
This of course, ignores the fact that China currently does not have a sufficient fleet of UAVs with the requisite sensor payloads and mission profile to deploy to the Andamans in the first place.
Then, there's also the fact that the US can simply withdraw its carriers a few hundred km away which would greatly enlarge the search area Chinese UAVs would have to patrol, while leaving a host of surface combatants and submarines in the area to conduct blockading actions.
And there's the little fact that Chinese UAVs operating in the area would be highly vulnerable to being shot down in the first place by US carrier deployed fighters or US SAMs from surface combatants.
And if after all that, they somehow manage to acquire the US carriers and the US carriers happen to be within range of Chinese AShBMs, then the Chinese AShBMs still have to defeat US ABM capabilities that would be part of their escorts.
After saying all that, I don't know how else to respond to you other than to say that you are underestimating the current capability of US forces and overestimating the current capability of PLA forces.
Over time, the PLA might have the capability to do what you describe -- but they will need more stealth fighters, more tankers and transports, more carrier battle groups, more SSNs and more SSGNs, more high end UAVs, and more satellites, than they currently have.
At the end of the day, throughout these replies, you've written nothing to successfully put back my central thesis:
At present, with the current forces that each side has -- the US can degrade and strike Chinese production facilities and SLOCs, while China has nil credible capability to do so to US production facilities and SLOCs.
Therefore, in a war of attrition over time, those factors means China would be poorly suited to fight a war of attrition.