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The results you cite are true, but what is the reasoning? Increased corporate profits. As another posted stated, enhanced with tax incentives too.

China is growing because it’s population is producing value. U. S. employees were still producing value when the decision was made to sell them out and move a massive body of our tax base off-shore.

The US is declining because we are producing less value - the reason? Our popular culture and leadership have become shallow and tribal. If you move a massive amount of your manufacturing base off-shore, it's definitely going to spark value in the nation where those jobs go. And that value will be missing from your own soil.

I'm not immune to the claim there are some serious problems with our own culture and leadership, but I don't think that's the full cause of what took place. I will say that I thought it was a massive betrayal of values to send fellow citizen's jobs, paychecks, and ability to pay their mortgages outside our borders.

This caused tens of millions of U. S. citizens to drop to a razor thin margin of avoidance when it came to defaulting on their credit obligations. Add in the additional problems with credit drying up around 2008, and the whole house of cards was going down. There was no longer any redundancy.