I've tried dumping the 150 gr Chinese donor powder into a 308 case and reseating the .311projectile. Contrary to what another poster has said, there is no issue shooting .311s in a .308 bore. The projectile just resizes as it runs down the bore - and the pressure increase associated with that is tiny. This has been established - by many others. There are multiple threads about this on the web. If anything, the net result is improved accuracy.
HOWEVER, the 308 case is substantially smaller - in capacity - than the donor X54R case and the Chinese powder is basically a fairly bulky Chinese version of IMR4898. When the X54R powder charge is transferred to a 308 case, the level of the powder in the case gets pretty close to the neck - especially in military 308 cases. That creates a pressure issue. So far I found you have to go down about 2 grains with commercial brass and probably another 2 grains with military brass.