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The people can't eat Renminbi. The whole planet has been hit with terrible harvests in 2019, and China is getting hit horribly hard in the breadbasket by multiple plagues at once just at the beginning of a grand solar minimum. The US is buying corn from Brazil. India is having riots because of a lack of onions. Soy, beets, wheat, on and on. It's so bad that the cartels in Mexico are taking over avocado farms by force.

Yes, a country rich as China can suffer starvation. It's happened to China before, and its happened throughout history to the greatest empires on Earth, every time a grand solar minimum comes around. ~1100 BCE, IIRC, the Bronze Age civilizations collapsed from Egypt to Greece, From the Aegean to the Persian Gulf, and beyond. It's difficult to state with confidence the exact reasons this happened, but hunger did play a part, and so did plagues.

What really bothers me about the end of the Bronze Age is that war played a terrible part in that collapse. When empires fall, they never do so peacefully.

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