It arguably does. It seems likely that an SSGN is within range of one of the three major PLAN bases most of the time. Despite the old design of the Tomahawk, I suspect ~150 missiles all at once would still be a rather Pearl Harbor-ish moment; only 10% would have to hit major combatants for it to be a very decisive strike. If one were willing, such an attack could be expanded to include the dry docks in Dalian. A strike with a more low observerable missile like AGM-158 would probably have a lot more success. The US would still have to deal with targets at sea as well, though there are an increasing number of capabilities to use in that regard.