The international standing of Chinese science has improved at an extraordinary rate in the last two decades, prompting fears among some commentators in the global North. Against such positions, this paper argues: first, that the continuing limitations of Chinese science show it is most unlikely to dominate global science imminently; and second, that the rise of Chinese science is, in any case, a trend that is greatly to be welcomed, with the potential to benefit everybody. In particular, regarding the simple advance of science and the tackling of unprecedented global problems, both Chinese science per se and international collaboration with Chinese researchers are crucial. Furthermore, such collaboration has demonstrable mutual benefits, yielding an 'international collaboration dividend' of increased impact and quality of research for all parties.