Let China put it's people to work. They have lots to do.
Making products locally maintains a higher standard of living and can limit dependencies on others.
Not doing that takes a nations to largely service economy status and when that matures the standard of living declines, infrastructure development slows or stops, tax revenue goes down, and demand for new products gets tepid.
In short terms, the boost from cheap stuff is nice. As wages flatten, that cheap stuff becomes not so cheap and improving income more difficult.
Making products locally maintains a higher standard of living and can limit dependencies on others.
Not doing that takes a nations to largely service economy status and when that matures the standard of living declines, infrastructure development slows or stops, tax revenue goes down, and demand for new products gets tepid.
In short terms, the boost from cheap stuff is nice. As wages flatten, that cheap stuff becomes not so cheap and improving income more difficult.