'What if China suddenly disappeared?': A top strategist just published a reality check for those freaking out about the rise of China

• China runs the largest merchandise trade surplus with the US at $375 billion.• But some analysts think the data can be misleading.• The US-China trade deficit could be overstated by as much as 20%, one analyst said. China is the world's largest trader and is part of almost every supply and value chain. …