Generally I'd agree. The threats here are larger. That said China isn't powerless to hurt you either. I haven't seen much of it happening, but in theory China could blackmail you. They can manipulate and influence you and your children through social media and advertising, even encouraging kids to harm themselves/others.

They can also fill the products they make for us with heavy metals and other poisons while building them to break draining our finances and filling our country with trash. The worst thing they could do though is just stop producing crap for us entirely since we're basically dependent on them for just about everything.