If the Chinese make such a superior product so cheaply then they are fools to have tariffs, government subsidies and import restrictive regulations that result in countries that they want as markets to retaliate in kind. Somehow doubt those products can be made in China without huge subsidies from the Chinese government. Yet as Milton Friedman wrote if someone wants to sell highly subsidized products at a very cheap price, accept them while you can and benefit because eventually the subsidies will result in big losses and will end.
Milton Friedman was an amazing man, but he likely did not anticipate that we'd be 'trading' with an enemy Communist nation that would use targeted subsidizations and intellectual property stealing as weapons to destroy foreign industries - while simultaneously putting profits from their trade surplus into rapid expansion and modernization of their military.