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Just be patient, Red China. Eventually most of the world will crawl back to you. After all, you can produce widgets two cents cheaper than anyone else can. The West has a short memory. They will embrace you once again.

Not really. There's lots of places cheaper than China, just not as built up or with the government authority. There's decent amounts of stuff that have been moving out of China, because the Chinese standard of living has been slowly increasing, making Chinese sweatshops more expensive than some other SE Asian countries, or many places in Africa. China still has the advantage with existing manufacturing, and their ability for gov't to simply do stuff. (You thirty factories, you now make this product. Oh, we need a new city. And, it's built in three months.) But between existing Chinese prices coming up, and this virus, I don't see too many people coming back to them over time. Especially with Europe starting to get pissed.