Provided that China remains reluctant to raise the Yuan value against the Dollar;
Provided that the richest countries, support such Yuan reevaluation;
Provided the last US elections;
we could face two different problems:
Either this is a regional conflict and both, USA and China, by real or tacit agreement can slow down the aggressiveness;
Either this is far worse.
Could it be possible to believe that Kim II and CHOE Yong Rim, resp. President and Vice-president of North Korea could have been instructed by China to test the American support to South Korea?
In such a case the conflict could confirm that elections have weakened the US international position.
However I don't think so and don't feel so as I use to travel quite a lot.