Yes, China would probably have several years of reserves, no doubt. They have cheap goods, which we love but actually can live without. We have their resources that they cannot live without long-term. We need to get closer to its neighbouring nations, as they are prime to step up production as required, albeit never at the insane levels of the CPC.
To those of you from China who are now Australian citizens, I have no problems with any individuals from any nation, regardless of their colour or appearance. I would much rather have Chinese neighbours than Australians that behave as poorly brought up ferals. But you cannot call out Australians as racists on this matter, because no nations do racism better than Asians. The population of Japan is 98.5% Japanese - if that's not racist, then I don't know what it is!
