I don’t know. How can you can compete with slave labor? ... or what is tantamount to it.
A Conservative Rebellion is brewing (as Jim Robinson has stated). That will set the stage for the abolition of the minimum wage, OSHA, the EPA, the NLRB and those other entities placing these United States at a competitive disadvantage. When that happens, Red China will again have its citizens living in thatched huts.
Slave labor from your perspective but a very good wage to those who earn it in other countries where inflation has not devalued their money. The US becomes more socialistic, other coutries become more capitalistic.