China is willing to bleed. And if it is to protect her sovereignty and in her backyards, she will, just as she did in Japanese war, the civil war, the Korean war, and the US-Vietnam war. Much like the Japanese, the Viets, and the Koreans when fighting for their homeland. China’s key constant today is she does not want war, but will continue to strengthen her military and stick to her modernisation plan over the next 2 to 3 decades. To be formidable enough to ensure peace, but resist the expensive urge to match the US. She refuses to denounce force to prohibit the breakaway of Taiwan. Twice before, as US did learn, as did India and Russia, Chinese simply cannot joke. Now, for 21st century, she is dead serious to build herself strong, so that she can grow in peace.
Interestingly enough the previous answers (even the tongue-in-cheek ones) have the seeds of the core strategies that differentiate novice from skilled RPS play. And before anyone laughs, there is absolutely skill in the sport. If you look at the field for past world championships (which regularly draw >500 competitors) the same individuals keep making the top percentile year after year—clearly demonstrating skill can have a major effect on result. Strategies don’t really come into play beyond those broad strokes unless you’re playing a series where you can observe and react to your opponent over time. In the same vein a veteran poker player would never have a strategy for only playing a single hand of cards (the skillsets are very similar.