I don’t know—China is a massive importer of goods from outside the country in recent years. If China’s economy collapses, it will take the entire planet’s economic engine with it.
And even worse, there will be nobody to replace it. Surely not here in America where the guys who used to run the factories are now working at McDonald’s because they can’t afford to retire and everything that couldn’t be shipped out of the factory they worked at was scrapped decades ago.
China’s competitors can’t even hold a candle to the sheer amount and variety of goods. That’s not just scary because markets could collapse unintentionally, but that also China could very well get the bright idea to get something they want because their enemy relies on them for so much.
Seriously, imagine China suddenly stopping exports of all consumer electronics to the USA. Every Millennial would be in the streets, millions strong, when the supply of Iphones and Xboxes ran out. Ferguson would look like a catfight at a sweet 16 party. After a week or two of chaos China could walk into the White House and demand almost anything they wanted.