"fucking around in the South China" = sailing in international waters as defined by the UNCLOS, to which China is a signatory
"US keeps trying to use the Taiwan situation as a wedge issue" = maintaining the status quo in the face of repeated, overt invasion threats
"desperately want a proxy war" = can't allow an oligo-fascist state to seize control of the single-path source of chips that enable modern life
"no western news coverage of this" = I don't look at the news
"fucking around in the South China" = sailing in international waters as defined by the UNCLOS, to which China is a signatory
"US keeps trying to use the Taiwan situation as a wedge issue" = maintaining the status quo in the face of repeated, overt invasion threats
"desperately want a proxy war" = can't allow an oligo-fascist state to seize control of the single-path source of chips that enable modern life
"no western news coverage of this" = I don't look at the news