Repudiate foreign debt owed to China. All they have is paper, and they sure as hell don't have anyway of collecting on it. So to put it crudely 'f*** 'em.'
The Chinese Communists are the bloodiest killers left on the planet and we might as well deal with them now, or it will be damned harder to deal with them later.
We don't need their goods. The Indonesians, the Taiwanese, and the Indians will be perfectly happy to manufacture for us. In the long run, we'll be better off.
Tell the Maoists to ram it.
L