Don’t forget the stockpiles of cash by not fairly paying their labor. The PRC has been playing the long game.

Until someone can do it cheaper and then they take over. This has already happened many, many times as chinese quality increased and wages and thus prices increased.

It's just capitalism doing capitalism things. The cheapest labor generates the greatest profits. It started with trinkets and now it's much more advanced manufacturing. We've already seen other countries with cheaper labor step in for various manufacturing.

The only reason why we don't manufacture in rich companies is because the investment for automation and labor for maintenance is more expensive than continuing production in poorer countries. Exceptions are abound for things that aren't financially viable to import from other areas.

We'll run out of resources and/or destroy the environment long before the world gets western QOL across the board though.