Absolute horse hockey. Manufacturing jobs in the US average $24/hour. Manufacturing jobs in China are around $2-3/hr.
Which why we provide more CNC machines and they provide more toasters.
Read the chart in post #5. There is a lot more cost of manufacturing than labor.
Chinese manufacturers excel at low quality manufacturing. Such as the $22 after market replacement carburetor for your lawn mower. The problem is that 10% of those carburetors will not work right.
This is also why they can build a bath faucet for Moen that Home Depot can sell for $99. It is fine to install if you are flipping a house. However, if you want one to last for 30 years, buy a $159 Grohe faucet made in Germany.