The US moved its manufacturing to China - because Americans, and the Chinese both benefited. Americans got cheaper products, and China got jobs for its workers.
China was willing take the Dollars, it accumulated - to buy American government securities. Also American Real Estate. Americans were buying Chinese products - but the Chinese were buying America!
America got weaker, and China got stronger. Eventually, Americans realized, this was not such a good deal. But they had no way of stopping it.
Except in Software - where they are far ahead. This requires an expertise that never existed before - and some Americans (maybe one percent) have moved into it. And are raking in tons of money.
I am straddling the fence, I bought a new laptop, made by Acer - that is full of Chinese components. And I will using it to learn Microsoft's latest software - that no one can resist, not even the Chinese!
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