If the advantages of China in the globalization scheme of things were cheap labor, lots of customers, and NO FREAKING DOWNSIDE WHATSOEVER, how close should various economies be to saying screw you guys we're going to Bangladesh?
Shall we do the checklist?
Labor: no longer so cheap, and not really ever going to be again until "robots"
Market: are they buying foreign? They must be, surely, but government intervention is screwing producers and importers left and right
Downside 1: it gets called "theft on a grand scale", but really it's - well, yeah, theft
Downside 2: so little reciprocity, you have to wonder what Chinese think "globalization" is, an unguarded larder?
Downside 3: how many blind eyes can we all turn to everything else that goes on there? I mean, government repression is one thing, but the industrialization of same?
Google is already spending money to shift Pixel production out of China. Shouldn't we all be supporting the less monumental communist dictatorships? Roll on Thailand, Vietnam, Bangladesh!