I don’t like how China is gaining more and more control over manufacturing in our world. They are a rising power, and I worry they may one day surpass the U.S.
To late,they got the most people..And they work for food..
I don't think they're gaining control over anything. All the equipment they use was either invented or improved, iteration by iteration, elsewhere. When China becomes a developed country, their plants will be located overseas, and Chinese workers will make more money than than their counterparts in foreign plants. And none of them will worry about "losing control" of the hands that man sewing machines, soldering irons and electric screwdrivers - unskilled and semi-skilled labor isn't exactly hard to find.
The reality is that all manufacturers look for the lowest cost sourcing. This includes Chinese manufacturers, who are now looking towards foreign locales for their plants as Chinese land and labor costs skyrocket, and tax incentives and export subsidies are slowly reduced by the Chinese government. There's this myth that Chinese labor is the cheapest in the world. This is false. It is cheaper than a lot of its neighbors, but is definitely not the cheapest in the world. A lot of Latin America, Africa, Central and South Asia (including India, Pakistan and Bangladesh) have cheaper labor. The problem is that those countries have either no infrastructure (due to official corruption/incompetence) and high land and regulatory costs (also due to official corruption/incompetence). When you add these costs up, manufacturing in these lower-labor cost countries has been more expensive despite higher Chinese labor costs, up until recently.
The good news for lower labor cost countries is that China is starting to introduce the kind of onerous regulations that, when adopted in the West, turned Western countries into job-exporting machines. I expect that when these regulations are phased in, China will started hemorrhaging jobs to cheaper labor countries like Vietnam, Cambodia, India, Pakistan, etc.