China would just do what it already does in many cases, steal the intellectual property and carry on as normal.
As far as future pricing goes, I’ll speculate that because of the many crashes that we will inevitably see (unless somebody temporarily changes how world economies work) then I expect to see massive hikes in prices, because manufacturers and retailers will have the perfect excuse to do so (falling profits, reducing redundancies etc) and the way that interest rates will be affected, hikes will be seen as a temporary necessity (which will last longer than promised) and those whose profit forecasts have been hit will see a justification to turn them around before the end of the financial year.
Because manufacturing has been hit hard, demand will also mean that second hand values will rise for a while too.
So if you are going to buy something, I would say buy it now because I predict anything up to 50% higher pricing for tech before the summer is out, and that is if relaxation of restrictions continues. I shudder to think what is going to happen if we have another lock down.
But as Shoog says, not really worth overthinking, especially as we are talking about desired purchases, rather then necessary.