Best to look up the GDP figures for the manufacturing sector. Essentially, the US is #2 in manufacturing by a huge margin, while employing a fraction of the workers of China, #1.
Correct. China makes a lot of stuff, to be sure, but most of it's pretty low value, like toys and raw materials. The iPhones are actually the exception, statistically. The US still makes just as much stuff as it ever did, just with far, far fewer people.
China makes the aluminium case for the iPhone and the glass. The key chips and sensors come from Korea. The cameras, radios, and RAM from Japan. Some bits from Taipei. The software is written in California.
