We're mostly willing to keep enjoying the fruits of Chinese labour because the lifestyle that has emerged in most Western Countries the last 20-25 years depend

We're mostly willing to keep enjoying the fruits of Chinese labour because the lifestyle that has emerged in most Western Countries the last 20-25 years depend on the availability of cheaply manufactured goods. Outsourcing of production, import, distribution and selling of those goods is still cheaper than producing them locally, and this allowed a small number of people to skim money off the top and get quite rich, while consumers still get more for their money compared to the old ways. We would be able to cut China off if we wanted to, but prices on electronics, clothing, and many other goods would soar, and I suspect it would piss the younger generations off even more, possibly increasing the risk of civil unrest. In the West, Generations X and XY still remember what life was like before the availability of goods reached current levels, but I can't imagine that the younger generations even realise what it would mean to go back. Besides, you'd probably have to get rid of the post-war generations first in order to get them to agree to it. Thus, we'll just have to grab some popcorn, watch the show and keep trying to put out the fires, hoping the entire house doesn't burn down. As you say, it's not going to be fun.