I would like to think this also but I have real doubts anything of consequence will happen. They are too big of a market and their government has the “stay in power at all costs” mentality.
Besides pulling out and lessening the money going into China, there is little else to be done.
World can't handle a confrontation like China. Too weak, no willingness to sacrifice, especially as the Chinese have spent decades programming and training their citizens.
The government and military will operate free from any internal strife, uprising or resistance or, crush it before it begins. They are free to use their centralized power and do what would need to be done, and sacrifice is one thing they could and would have no problem with. They do not care about what the world has to say or yell about, they will go about their business. And, if and when they finally felt cornered and their resentment makes them lash out, what will the world do?
I've said for so long that not making more of an effort with Russia (granted, to what extent it would/might have really worked or been worth and could they really change and be trusted) was worth one thing alone, a strong ally next to China. Sharing a border, and one that has been a point of contention and war between the 2 makes Russia a key ally.
Now, we must worry about the world wide political landscape, and who's backing who and who would, when push comes to shove, align with who. How far will escalation go?
We can do little except value our currency and domestic value. We need to spend and give as little as possible to China, and take away the demand we created. Much easier said than done.