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West is in shambles that China is not collapsing immediately.
The West doesn't want to admit that it would be in even worse shambles if China did collapse.
The vast majority of westerners have financier brain and are incapable of formulating a causal relationship between the two. Libs will look you dead in the eye and tell you how they just need to move the money elsewhere and industrial capacity will magically come out. De-industrialization and neoliberalism have unmoored their economic thinking from any kind of materialist analysis of the world, it's all just (racist) vibes. "China is getting uppity thinking it can be an economic powerhouse but wait and see how their economy will collapse and we'll be on top again." is a fucking wild statement in a world where China closed a couple of seaports and entire industries ground to a halt in the West.