What they don't seem to understand in addition, is that China's strategy is to steal the production secrets and technology, then to set up as global competitors to the US plants.
In a Communist country, it should be easy enough for the 'native' plants to get all kinds of restrictions (labor laws, funding constraints, etc.) placed on the US-based competitors; and then there's always simple bribery, and knowing *who* to bribe, among the local party officials to get "those little helps" on infrastructure and the rest.
The problem is, once the multinationals are undercut, they can't go back to producing in the US where their trade secrets are safe, and they can't whine about *quality* after spending 10-20 years indoctrinating customers that cheap sh*t from China is really the same thing, and that the differences are all in customers' minds.
Cheers!
I believe that for a foreign business to set up in China it must have a majority ownership Chinese partner. There is very little reason to steal secrets from its partner. Those secrets are given to them.