It’s pretty mixed from what I’ve seen.

China has a metric shit load of issues from youth unemployment to the collapse of the housing sector and there is a concern that if it gets to bad it could cause a world wide issue. Kinda like 2008 did to the world.

Others see it as an opportunity for the U.S. and allies to capitalize on China cracking and having to deal on internal issues.

To me there are still enough industries that the world, Africa and Europe, depend on that makes a wonky China an issue for everyone else since there is such a dependence. Granted it is fading and countries are dismantling the Chinese dependence but for now it remains.