Many Americans say "Who will buy from the Chinese if the US doesn't? We have them over a barrel." That's a fallacy. The whole of the foreign export market is o

Many Americans say "Who will buy from the Chinese if the US doesn't? We have them over a barrel." That's a fallacy. The whole of the foreign export market is only about 20% of the Chinese economy. https://data.worldbank.org/indicator/NE.EXP.GNFS.ZS?locations=CN https://data.worldbank.org/indicator/NE.EXP.GNFS.ZS?location... The US only makes up about 20% of those exports. So, in fact, the US purchases make up merely (20% of 20%) or roughly 4% of the Chinese economy. China could easily lose all of that without damage. Its GDP generally grows 4-6% per year. It might be slightly painful, but other growth in the economy would replace those losses within roughly 12-18 months.