I will also suck in Japan, South & North Korea, the Phillipines, Australia and the US, resulting in great devastation for all.
If you think covid shortages are bad, imagine a world without factories. The US is capable of devastating Chinese production infrastructure with conventional munitions. There's a non trivial chance we're going to live through (and die in) some apocalyptic level garbage before humanity finally shakes off the last vestiges of 20th century communism.
China has to stop with the encroachment and aggression. If the US reaches effective military production independence, China won't be allowed to take Taiwan, and the world goes tits up.