China is a centralized economy that has been fighting a tariff war against the US for the last few years. If we see an economic collapse like 2008 China loses money but we lose a whole lot more.

China still ends up with production and a easier ability to integrate with other countries. We became a powerhouse after WW2 when all the other countries had their financial bases destroyed. We became a superpower providing the products to others to rebuild. Our market is all about short term growth, service economies, and goals driven by whoever is in office at the time. If they don't have a plan around this exact eventuality I would be beyond surprised.

Basically their system is more robust than ours to a major market event. Who pays for expensive services when they are choosing between food or keeping their economy going. People will pay for the equipment to keep their economy going. Who provides that.

We just did this song and dance with the tariff war between US and China last year. It was revealed that 3% of China's exports are purchased by the US, and that they are fully economically prepared to take that to zero when push comes to shove.