The Chinese government spends well over $10 billion a year on soft power projection, but has not been as successful as the United States, which spends very little. Given the steep decline in favorability ratings for the United States around the world under the Trump administration, has China been able to close the soft power gap? I will suggest that in China’s hierarchy of values, influencing the behavior of other countries—and punishing them for “anti-China policies”—is more important than soft power, which has been sacrificed when it conflicts with these more crucial values. In addition, Chinese soft power is focused more on the domestic audience since political and social stability at home are China’s paramount values. This in turn requires state control of civil society. American soft power has been most successful when it is separated from government—for example, Hollywood films—while the pursuit of Chinese soft power has been inseparable from government initiatives.