So now the investors are going to lose out as companies take the hit of setting up new infrastructure in a hurry. You pays your money you takes your choice. Cost now or risk of surprise cost later. Not all investors are short-sighted (though I'll grant you that many are).

The dumb money in 401k, pension funds, passive investments isn't paying that much attention. As long as it keeps up with the market, and the government will print money to ensure it does, it's not possible to isolate and feel the effect of not having the backup plan. And you can't compare the performance of companies that did have a backup with those that didn't because the former never survived or existed, so it's a tough sell to think that far ahead.

That doesn't make it all China's fault though, which is how a lot of discussion about this that I've seen is being framed.