I kind of disagree, only because you don't need to be in China for them to steal your IP. China is known to engage in industrial espionage, both digital and phy

I kind of disagree, only because you don't need to be in China for them to steal your IP. China is known to engage in industrial espionage, both digital and physical, and steals from companies all over the world, and the US in particular. It's probably more effective to bring them in as a partner to mitigate that risk, than it is to try to avoid them.