Conversely, we are too large a market for them to upset. If there were a shooting war, we'd stop buying stuff from them.
However, given their communist belief in a command economy, that may not even figure into their calculations all that much.
Also, if we were to start tossing rounds back and forth, the US debt they hold would likely be repudiated as soon as the first shot is fired. Especially if they shoot first.
Hmmm...
That's true, there's a lot of inter-dependency. But, I believe that the Chinese economy is in a much better position to deal with a collapse of trade, and the communist government would be much more willing to sacrifice the suffering of their people in pursuit of their goals.
I suspect that if the CCP said, behind closed doors, to US leadership: "We're taking Taiwan. If you do anything meaningful to resist that, we'll cut all imports and dump US held debt on the international market, for
cheap." the US government would be quick to acquiesce.