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Theoretically I think the U.S. would win. It would be a costly war for both sides and I think the terms of the peace treaty would be a conditional surrender with only slight land loss for china that would be given to a unified democratic Korea as a buffer territory.
But of course this is all wild speculation since we really have no clear basis on which to evaluate such an event, there are many many many many variables at play. You can take my opinion apart all you want, it's just speculation and there is no way any of us could really prove or disprove any of the opinions in this thread.
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