It misses the fact that China didn't build power plants out where it's too far away from civilisation to be useful.
Transmission losses are also nowhere near the suggested values. 1.5% per 200 miles is today's standard. Meaning you could cross all of China with a loss of:
east-west axis: 2200 miles
0.985^(2200 miles / 200miles) = 0.846 = 15.4% loss
(and that's from the farthest desert to the east coast. Go south instead, or note that there actually are a billion people living in inland China, and actual losses are <5%)