"Chinas much more dependent on the US/Taiwan/Japan than visa-versa on a multitude levels."
Like what? Have you seen our trade deficit lately?
Trade Deficit is irrelevant. We have their stuff, they have our currency. So what.
Whats important in assessing dependency is the amount of trade relative to the GDP of each nation. If its cut off abruptly, thats an economic vulnerability. If were at war, Chinas trade with us, Japan and Taiwan pauses. That block of 3 represents a much larger percent of their GDP than Chinas slice of ours. Also, nothing will pass through their ports, so that will take a bite out of the rest.
I havent even brought up oil.