We are China’s largest single country customer, but, we are only 18.3% of their total exports.
http://www.worldstopexports.com/chinas-top-import-partners/
However, the US does have sizable influence in the banking system. Perhaps threats of this were hinted at: China went along with the Security Council Resolution on NK this time. This was touted as a “big win” for Trump on the 10 pm News I happened to be watching earlier. (NBC report on local newscast — will someone @ NBC get fired?)
China exports to many countries, but also imports from them a lot. If U.S. export is shut off, the impact is will be devastating.