[munk-a]

I actually strongly disagree with the statement

> Political tensions with China are one factor.

Specifically - I think that, at the end of the day, the economic flow is the only thing that matters and all the other considerations are sort of moot. What the US offers to the world is a gigantic consumer market, and it's quite difficult to actually control a consumer market since any applications of force or restriction of goods flow ends up deteriorating the market faster than it yields control. If the US embargoed Chinese imports tomorrow the Chinese government would receive a lot of domestic pressure to take action but, logically, there isn't an action it can take overtly to actually reopen the US market - instead we'd see this war play out in propaganda within the US trying to force politicians to reverse the decision by causing mass discontent. And, honestly, it's likely that companies affected by any such embargo would just act independently of the Chinese government to those ends - so, essentially, the only real forces Chinese businesses would have to oppose an economic breakdown are their personally contained forces. I think, essentially, that the Chinese government would be impotent to deal with such a situation buuuut... that's just like my opinion man.