>Whereas China was an ally, HAS the bomb, HAS space flight, HAS the manpower for sure.

The chinese space program is a rip off of the Soyuz program. http://www.space.com/news/china_russia_991122.html
Despite this, they are still 50 year behind.

Their nuclear program was given to them by the Soviets.
http://www.fas.org/nuke/guide/china/nuke/

Their Navy isn't fit for the open seas.

China is a 3rd rate power but with tons of people.