I work for a Japanese company with the highest manufacturing standards and procedures for what we do in the world. We have factories in China (and elsewhere) and they turn out product as good as anyone. Actually, when comparing some of the product they put out to the now closed American plant, it's better. That's what my American technician frond who told me, a red blooded Made in the USA kind of guy who was not happy to admit it.
Any American who simply equates China with junk or inability is going to be in for a rude surprise sooner rather than later. Communism is a blip on China's historical radar and it's a very odd form at that. In certain ways, they have a more free pro-entrepreneur market than we do.
IMF Predicts end of Age of America in 2016
It doesn't mean we snap off and sink into the sea by any means, but the age of "we're no. 1, we're no.1" is winding down. The people's of China are unbelievably hungry, hard working, and optimistic about their future. And unlike us, are making *mostly* intelligent long term moves, like buying up distressed capital assets and sources for raw materials. They know what leverage is and they're getting it.