If china experiences a collapse, how would that affect us here? I think the business and financial communities in the united states and around the world, i think, underestimate the problems in the chinese economy. More important though, is china's belligerent external policies theyr causing tensions around the world. And that means long term trade between china and the rest of the world can't continue as it is. We americans tend to focus on what we do as affecting relations with others. But with china, it's more who we are,. Because we are a democracy, because we have values that form of government. Those values have an inspirational impact on the chinese people.