The problem is that we are slowly losing our specialization. China is learning how to manufacture better than us. Then they learn how to assemble better than us

The problem is that we are slowly losing our specialization. China is learning how to manufacture better than us. Then they learn how to assemble better than us, they copy + improve. China could destroy Apple in a heartbeat by ordering FoxConn to charge a much higher premium for Apple phones than their own local brand.