I mean that's basically the Chinese dynastic cycle since ancient times, just sped up.
On very special occasions, China also breaks apart into several autonomous states. One can only hope we're at that point in history again.
Wouldn't it be funny if China broke apart, giving Taiwan, Tibet, Hong Kong and so on the opportunity to grab whatever is available? I wouldn't mind that at all.
I know it won't happen, it's simply impossible, but it would be pretty nice.
A large portion of China's farmland has been destroyed and hundreds of millions of people are flooded out, with no sign of relief for at least three weeks. Towns, villages, and cities alike are facing destruction of vital infrastructure like bridges, railways, and roads; and most will be left to their own devices when it comes to rebuilding. The absolute worst case has not happened and likely will not, but the event is still catastrophic.
This also accelerates the trend for global corporations to set up their production facilities in other nations. Any factory owned by a foreign company, that got destroyed, has to be replaced, giving a strong incentive to do so in a different part of the world, where labour is cheaper, where you don't have to dick around with the ccp, where you can start the construction right away, instead of waiting for the necessary infrastructure to be rebuilt to even begin reconstruction. They might already have factories in other nations and only have to expand them, too.
Any chinese company, that is embedded in a global supplychain, that is now unable to deliver goods, has to be replaced anyway, so it might become permanent.
Also, how exactly are those that were displaced housed now? If they are stuck in large provisional shelters (such as big exhibition halls or similar places filled with beds and lackluster supply of showers and unhygienic eating areas), that might also cause some major issues, if Corona goes for another encoré of lapdances. All in all, we are looking at a winter with way more expensive food and bad living conditions for a lot of people. A second wave of the WuFlu will hit the chinese like a sack of brass doorknobs and any attempt to combat that will come at the cost of buttfucking the economy and stalling the rebuilding process of basic infrastructure.
The ccp is in a pretty bad place at the moment, but it looks like it is going to become even worse.
And there are plenty of things, that could go catastrophically wrong really quickly.