Sooner or later, the chinese and the Indians, will see that they use chinese material, and chinese labor, and chinese factories, and will realize that they dont need american companies getting any profit from it. All american companies in china will eventually be replace by chinese owned and operated factories. At some point in time, Black and Decker, Intel, Lifesavers, etc will be kicked out of china.
It's already happening. Take a look at WalMart, Sears, mail-order firms, etc. They buy Chinese products direct from factory, stick their own "store-brand" labels on them, and sell them for a lot less than the "brand name" products. A cursory side-by-side comparison of a lot of these products will show them to be just as good as the branded products. And why not? they're made in the same factories by the same people
Not only that, the new technology jobs to replace them won't be created in great enough numbers to give this economy boost like during the hyped up Clinton years. Not in my lifetime. During the Clinton years all the talk was about how America was deporting old industry jobs but this was fine because the new economy type jobs were what we were moving towards. But now the new economy type jobs are being deported to India, China and others.