I will NOT disagree with you...indeed, they bring few engineers from Germany, Japan, etc.
But they don’t really pay their imports from the PRC very low wages. (There was one report last year about a little company paying super-low wages to some Indian imports...)
Most of the time, they seem to pay their Chinese imports fairly well. At least, wages that many, many capable American engineers would work for, if only the “American” companies would offer them the jobs.
Therefore, IMHO, I do attribute some accuracy to the (admittedly anecdotal) statments of several corporate managers....displaying a prejudice for the supposed work ethic of the Chinese, etc........and an even stronger prejudice against ...what they perceive or believe...is an extremely poor work ethic amongst many American engineering graduates.
Just the slant on this that I’ve observed most often, is all. It all does bring back memories of Irwin Feerst’s crusade....