If this article is legitimate, it puts the Chinese military buildup and their willingness to provide us with everything we need for pennies on the dollar into perspective.
And thefts of our key military/industrial tech. It explains the 600,000 spies "students" and "businessmen", and 50,000 business fronts, and their takeover of our ports... here on our own shores...the expropriation of our "night vision" tech, our "super magnet" tech, and on and on. The loss of our Aegis tech, the B-2 tech, the SM-3 tech, the Tomahawk tech, the next-generation carrier, submarine and naval tech.
And significantly, as you surmised, it explains the 6-to-1 trade imbalance, and the persistence of their poverty wages for actual workers... and the trillon dollar U.S. currency stash...