No, nor is it meant to be. The Chinese will subsidize their currency just long enough to drive the maximum amount of industry from the US.
Manufacturing is unique as it requires immense amounts of patient capital and a deep knowledge base. Neither of which can be assembled quickly to regain a lost market.
Asia has other advantages than price too.
Neither of which can be assembled quickly to regain a lost market.Yeahright. That's why we lost world war ii. We simply couldn't build a war time industrial base largely from scratch fast enough. Again, dude, if you're only advantage is price, and they begin to rise again, you lose.