I think it's just because China makes it's money from other sources, not from AI, and from what I've read, the advantage of China killing the US's AI advantage is killing it's stock market / disrupting.
Seems like it may have a chance of working if you look at the companies highest valued on the S&P 500:
NVIDIA, Microsoft, Apple, Amazon, Meta Platforms, Broadcom, Alphabet (Class C),
The share of revenue that Microsoft, Google, Meta, Apple, Alphabet and Amazon are currently deriving from the AI market as a share of their total revenue, is less than 10%.
Seems like it may have a chance of working if you look at the companies highest valued on the S&P 500:
NVIDIA, Microsoft, Apple, Amazon, Meta Platforms, Broadcom, Alphabet (Class C),