But I doubt that China will get something out of this, I feel like it could be opposite. But more importantly, I feel like nations finally are turning inside and making investments to themselves nowadays. Why? Because the planes are rarely flying, supplies are rarely coming in, which is why I think every nation realized that they need to have at least some stuff they build themselves to survive.
The things that are needed very much to stay alive, like food and goods that you buy during lockdown should not be imported from other nations. China is the biggest manufacturer in the world, with nations going more inwards it could hurt them the most but this would eventually hurt all export/import business in the world I am afraid. That is not something we could sustain for too long without a crisis yet again.
China will still be a favorite in trade because of competitive Chinese product prices. As long as there is no economic embargo Chinese products will be an option. Also, don't forget that China is a country full of tricks and intrigue and many agendas are shrouded in an action especially outside China. Beginning to keep the Yuan value low until the print is covered with guaranteed multi-layered projects.
China is big in trade transactions, has a large reserve capital or large reserve currency. Therefore he will use a proxy. For example, China is investing in Africa in the form of foreign direct investment and FDI is used to attract dollars into China.
Why is China investing in projects outside of China especially in the manufacturing sector on a massive and aggressive basis through BRI (Belt Road Initiative)? The investment that China has in addition to the static infrastructure for binding, in the long run, is also dynamic infrastructure, especially in the export destination manufacturing sector. OBOR requires raw material for experts and even labor class workers from China. Which means that the economy in China is spinning so fast that the print-out issue does not create a bubble. But China received an additional USD in its foreign exchange reserves from products exported from its partner countries.
But don't forget that America as a superpower has integrated power and has a systematic global supply chain power. So that Chinapun still depends on America and relies on dollars.