Well yeah I mean I kinda covered that. They now have advanced tooling and active investments into their infrastructure and country. It's not yet actually reaching the majority of China and there is still wide issues with these investments. But now companies will have to find the new cheap labor if there is increasing access to jobs that are to pay enough for the citizens to access these higher standards.

A country can't be cheap labor and an important market without either massive divide in the populace or slave labor.

And if they can't get cheap labor there anymore these companies will leave and create rust belts like there are in the US. At which point the advanced manufacturing arm and service economy could take over if it's built enough but they join into a already crowded space with dwindling access to resources. Not to say things haven't gotten better in sense of moving forward technologically and amenities wise but that is basically always a guarantee of time passing. But this hunt for cheap goods for top level enrichment is not a wholly good venture and is quite destructive in ways that take little effort to see.