pre 1975 China was pretty different and thinking that it will go back to that state is pretty arrogant.

Now, compared to then, China has a huge internal market thanks to the rising of the middle class that could take the clash of a potential export collapse by leveraging their internal market.

So said, whenever there's somebody exporting there's another one importing. Perhaps we should ask ourselves where are we going to get the goods that now are produced largely in China.