I’m a Canadian who’s been living in China for a year. We Muslims get by perfectly fine, thanks for the concern. I get compliments for wearing my keffiyeh, and no one here ever called me a terrorist for supporting Palestine.
A very interesting angle: China's relentless manufacturing expansion and export dominance may be a different kind of "carry trade."
The BOJ's ultra-loose monetary policy has inflated global asset prices through financial channels, whereas the PBoC’s easing has worked through the trade channel—driving down the global cost of goods and effectively boosting global purchasing power.
In theory, an unwinding of the Japan carry trade would depress global asset prices, while an unwinding of the "China carry trade" may lead to much higher global inflation. Both would effectively dampen global purchasing power.