"The biggest market penetration by Chinese made goods appears in the area of consumer electronics, followed by toys and small tools."
Yep. I see that as well.
I recently bought a Chinese accoustic guitar.
http://www.elderly.com/new_instruments/names/blueridge-br-343-%22gospel%22-000-guitar--BR343.htm
It IS a high-quality instrument. All-solid-wood accoustic guitars are generally quite expensive. So, I get a soild-wood accoustic for about half the price of a comparable Martin or such. Prefect for my couch guitar.
My husband and I shopped for food the other day at Wal-Mart for the first time. It's true, the food is not from China and we were very pleasantly surprised by the money we saved. There was a huge variety and the produce was fresh. We're going back next week.