I can't answer all of your questions but will answer the ones I can.
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Originally Posted by Long March
What difference will it make when China has a capacity for manned space missions?
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It will give the same differences in rocketry as the US had from its' manned space program. It will give them VERy HIGH reliability rockets. This reliability will enclude launch surety, guidence surety and re-entry survival surety. It is my understanding that their guidence systems are copies supplied by our ex-president Bill Clinton and his fellow treasonists.
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How much will China realistically be able to do?
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They will be able to do any of the things that the US was able to do after the Apollo program. This would include, but no be limited to, lifting very high capacities of nuclear weapons per launch vehicle, sending said weapons anywhere on Earth, and have these weapons survive re-entry & reach their target with high accuracy.
I do not know if these are the results the Chinese intend but it is what they will have none-the-less. :roll:
If it is what they intend, the world will be a lesser place for their efforts. If it is not their intent, then I wish them the best of luck on Luna.