All true based on what I witnessed first hand at a high technology manufacturing oufit producing largest (by size and cost) production machines in the world.
Add in some judicious blackmail and extortion.
Voila! Elite capture.
Steal the intellectual property of the West for next to nothing.
All with the collusion of the Federal and some state governments.
Who will watch the the guardians?
It should be the Media, but they have idolized the Chinese Communists for decades.
They were some of the easiest to capture, because they love the Chinese system.