I don't think that is correct. In fact 1) China is massive with huge labor class, 2) China is heavily export driven, 3) current generation in China has been affluent.
So, even moderate global sanctions will have a massive impact with both affluent class and the labor class revolting.
However, remember, oil embargo drove Japan to WW-2, I'm sure China will react similarly unless that internal revolt happens first. Too difficult to predict.
So, even moderate global sanctions will have a massive impact with both affluent class and the labor class revolting.
However, remember, oil embargo drove Japan to WW-2, I'm sure China will react similarly unless that internal revolt happens first. Too difficult to predict.