Yes, they are laughable. That is why I do not believe them they tell the whole story. This is just a little snippet of published intel.
China has been on a 20 year tear to build a blue water navy. China has a rapidly growing economy. Dollars are flowing in, and they will need to project power just a few hundred miles off their coast. In a few years it is not inconceivable that they will have sufficient forces.
Given today's "perfect war" criteria of the chattering classes in which there are never US casualties, let alone the loss of a 15 billion dollar aircraft carrier, I fear that when the times comes we will come up with some excuse to sell out free and independent Taiwan.
Correction to self. I do not believe the figures tell the whole story.