Egad! What have I done?

Our department chair is a very good chair.  Everyone in the dept. thinks so.  But, he has wanted to NOT be chair for a long time.  The reason he didn't quit as chair before now is that he felt no one else was both qualified AND willing to step in.  When I first started working here, he eagerly asked me if I would be interested, as I had experience as chair where I used to work.  At the time, I said no.  But, a few weeks ago I told him that I would be willing to do it now, as I am feeling much better, I am familiar with the place now, and we have a new administration that should be easy to work with.   (In addition, a dept. chair here gets both course releases and a pay raise!)  So, he told our dean he would like to step down, and the dean is now soliciting chair applications from the dept. faculty. 

All well and good, but then last week the new scandal about the "special" international programs broke. Most of these programs are agreements with Chinese universities. The computer science junior and senior level courses are largely (1/2 to 2/3) populated with Chinese students from these special programs. I just talked to the chair a few days ago, and it seems that the Chinese government is mad at us about this whole deal, plus the cancellation of the Confucious institute, and we will probably never get any more of the special program students.  OOPS!  So, now what do we do, Ms. Chair?   Maybe this wasn't such a good time to be chair, after all!