Their stock, bond and real estate markets appear to be in, so far, light and manageable trouble. Agricultural commodities are not doing as well as expected.
The big problems are the shifts in logistic chains, capital flight more generally and political unrest.
We can only hope.
China is a HUGE chunk of the world economy. Only a complete dumb ass would hope the Chinese economy goes south.
If that were to happen, the economic shock would reverberate around the planet, and not in a good way. Sure; everyone keep wishing for & plotting to undermine the Chinese economy but when the world wide recession, or worse, depression hits, then keep cheering. Yippy ...........
China is good for one thing primarily, cheap labour. They do not consume at the same rate as other nations, their nations objective is to plunder and bankrupt other economies.
Here is a list of consumption by GDP. I stated a few days ago the U.S is the largest consumption economy and it wasn't even close. These stats confirm this.
China needs America FAR more than vice versa, it's night and day. The world needs LESS Communism and Fascist China. Chinese citizens deserve our fight on their behalf, for all of humanities sake.
Check out the data from 2013, I bet the difference is even starker today:
List of largest consumer markets
As a % of world consumption:
America is responsible for a massive 26.69% of the entire worlds consumption, China is second with a billion more people at 7.72%, barely ahead of Japan at 6.97% with a far greater population.
71% of GDP for USA, a very small 37% of GDP in China. One of the lowest consumption rates in the entire world! They rely heavily on the U.S. When they are tariffed and confronted, their governments needs to print, spend and inject cash into the economy. This is good for America as you try and tame the dragon before it's too late.
China and it's citizens save, and hope to conquer the world economically at first, military by the end.