21% of China's exports go to the US. They cannot escape the worldwide economic meltdown. .
And we are looking at the perfect storm in the next decade as our entitlement programs start crashing down around our ears with close to $60 trillion in unfunded liabilities; our pro-population growth immigration policies fuel a population increase of 165 million in the next 50 years, and our national debt consumes more of federal revenue up from the current 17 cents out of every federal dollar. We are the world's biggest debtor. At least China has the luxury of large currency reserves.
We may have some civil unrest in our future as our country becomes more and more Balkanized along ethnic, cultural, and linguistic lines.
It remains to be seen how China parlays its economic influence over us. Taiwan may become the peace offering, i.e., the US tacitly agrees to let China take it over through threat and possibly force.
China has been using US money to research and build stealth subs, anti-satellite weapons, and who knows what else. I'm not sure the US would win a war over Taiwan. More likely we would have a 50 year agreement like the UK made for Hong Kong.