Trump is the answer. He is moving Chevrolet and Ford back into America. He also warned Apple about the subject. No more cheap peasants from China.
USA is the biggest employer of China atm. If USA dont give any jobs to them, they'll be starving to death. No matter how cheap they are, no matter how much they devaluate their national currency they can't replace USA with anyone else.
Chinese people are freaked out atm. They are attacking bitcoin like there is no tomorrow. China's collapse won't help the other emerging markets neither. They will also be having massive problems.
That's an interesting position, and one I haven't actually considered until now, but your opinion does seem to hold credence.
However, do you also think the end result of reduction of exports would lead to Bitcoin depreciating in terms of CNY? China keeps their domestic currency artifically cheap (as you mentioned), so that more people are enticed to buy their exports. If Trump builds up enough waves in global trade so that China adapts a more domestic industrial focus, CNY will surely appreciate making Bitcoin a poor investment for a Chinaman.