China will suffer if for no other reason than everyone else will have less money to purchase their stuff. But they are the opposite of Americans. They save their money and almost never use credit to purchase domestic property. They are not susceptible to most of the horror that we are on the verge of. They certainly have their problems, though. Nearly the entire industrialized world is really in for it.
Doesn’t China have severe pollution problems? The water and air are polluted in many areas of China. Eventually, they will have to invest in cleaning up=-and that will be a major cost.