Even simpler version - While the West thought the manufacturing was a petty concern and thought it was exploiting cheap Chinese labor, China had a longer term v

Even simpler version - While the West thought the manufacturing was a petty concern and thought it was exploiting cheap Chinese labor, China had a longer term vision and exploited the West's myopic focus on quarterly profits. The West has now lost manufacturing know-how, is now subject to military supply chain issues and trojan horse hardware, has exported it's middle-class creating greater divisions, and given away huge leads in many military and economic fields. This will go down as a strategic blunder of historic proportions. It may still be recoverable, but it is getting late...