While there is a massive US advantage in space launch, it should be used to the maximum. It's not going to last forever (while perhaps, sufficiently long that China fizzles out demographically before it's gone).
The American advantage in launches would get narrowed within ten years. China only needs to be able to get their own constellation up; they don't need to keep SpaceX levels of launch cadence.
American technological superiority is overblown. The only reason we’re ahead is because of immigration. As China/other countries get wealthier and the US gets less friendly, smart people stay home. One generation later and the best scientists will in those countries, not here.
Oh my goodness, this is deeply untrue. China is facing a massive population implosion. A lot of their global strategy can be understood through that lens: they are racing to accumulate power, standing, and wealth before the implosion starts to kick in.
The West is destroying third world countries to take their human resources. Blowing up the middle east created more uber eats drivers than defunding all the schools in Detroit ever did.
I think you haven't been following the news. US demographics is by far the healthiest of all halfway developed countries, with the exception of Israel. China has third low TFR in the world after South Korea and Taiwan, and is facing extinction within two generations whereas society and the economy will simply cease because all available labor will be consumed by caring hundreds of millions of extremely elderly people.
By 2100, US will look about the same as Western Europe looks today: ageing, but still OK. China will be no more.