Think what you want about china and beyond, but in the end guys spend as little as possible and the market showed me that I could sell 100 units at a lower price or 30 units at a higher price...which means >2/3 of consumers prefer chinese products if quality matches price.
The big IF. IF quality matches price. Thinking back to the 1950's of Japanese products sold here in the states they were generally thought of as junk. It makes me feel that is where China is today. During the 60's I feel the Japanese were rethinking their strategy and redesigning their products, case in point look at Japanese autos during the 70's. Let's see what happens.