Chinese politbeuro wiped out in 1932

The Nationalists find out about a big party meeting in 1932 , sends in the troops and wipes them out. Mao and all the biggest Communist Party members are killed. After this he is able to wipe out some of the warlords, and bribe or bully the rest. Does the Communist Party survive this by having new members move up? How long does it take to recover if it ever does? How do the Japanese fare against a united China?
 
I think China has a good shot at knocking the Japanese back out of Manchuria. After all they have been there only a short time and China is united. I think the CCP will come back sooner or later but it would take at least five years and may well never take over the country. Japan would be weaker as they won't be able to loot Manchuria as long.
 
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