I didn’t go into the 20-30% loss in GDP in detail, but it factors in loss of millions of manufacturing and management jobs, fake/wasteful GDP boosting stopped, loss of FDI, capital outflow, debt deleveraging, 20-30% further drop in Yuan, etc etc

But where is that coming from? It seems to me you're just throwing out a disaster scenario that isn't backed up by the numbers.

China is much larger and more diversified than you seem to be giving them credit.

A 7% drop in GDP in China would be a disaster - rememberer than in our “Great Recession” that the gdp only dropped -2.8%

That's just China -> US exports. It doesn't account for imports for export, and Chinese imports from the US. They would still be growing if all trade with the US was stopped, after subtracting these.

Net trade globally, they're running an imbalance of 1.5-2% GDP.

They're growing at almost 7%/year. So there's quite a ways to go to get to -2.8.

If anything, GP is conservative.

If gdp growth stagnates, there's a very real risk that the Chinese housing bubble will collapse and bring down the entire economy with it.

What's the most alarmist position you could take here? Probably cutting off all US trade immediately.

But that doesn't result in a recession in China. They're growing at 7%, about the same as exports to the US. From that 7% subtract imports from the US (which would also be cuttoff and replaced by Chinese companies), and imports for export (which don't produce value for China)... and the result is that an end to US-China trade does not produce a recession for China.. they would still be growing by a few percent (note, the US economy only grows at 2-3%).

So they'll still have a growing economy... and they're still moving people from the rural areas into cities. So it's not clear to me that this collapses the housing bubble there. Possible though? Sure, maybe.

I think you need to be skeptical about their 7% growth figure, the reality is probably quite a bit lower.