Americans should proceed with the assumption that the Chinese are a co-equal great power. As we are seeing in areas like AI and electric cars, China isn’t cheap foreign labor. They’re at the leading edge or close in our heels in many technologies. Given that, it’s imperative to reduce American dependence on China. In a world where the average Chinese is as prosperous as the average American—which may happen in our lifetimes—isn’t a good idea for China to have 200x of America’s shipbuilding capacity without America trying to rebuild its own? It’s precisely because China inevitably will become America’s equal economically and technologically that America needs to ensure its own independence and sovereignty.