You know - at one point in the not to distant past we were the country that everyone was borrowing money from - and look how quickly things changed.
China's wealth comes from it's labor-sector.
More recently this sector has become disenchanted with being the labor-force of the world - and are demanding higher pay among other things - some workers have gone on strike - and quit ea few companies are leaving china altogether.
Companies who deal in China are also suffering financially from the money-saving Chinese Standard - aka - crap. Which has cost millions in litigation and liability payouts.