That is not true. China main product is physical goods. If the western world would stop consuming irrelevant physical goods (like cocktail umbrellas) and limit itself to essential (and food and western media) then China would be gravely impacted. To be fair, the whole world economy would be impacted, not only china.
But the western world only pays lip service to the "Never again" mantra and will do nothing that affects its standard of living, camps or no camps.