How did that "wealth transfer" work? When (say) $200 of the $800 I spend on an iPhone goes to Chinese manufacturers, they have $200, and I have an iPhone that I value more than $800.
To me it looks like we're both wealthier, not to mention the American company that's booking a few hundred dollars itself.
Nobody wants to talk about that. The narrative is that if you're foreign (meaning Chinese) it's unethical to provide for your children, especially if you're wealthier than me because you must have stolen it. Except if you came from Hong Kong. Then it's okay to buy your kids a fleet of Ferraris. You're just protecting your hard earned money from the corrupt commie Chinese.
There will be no talk of who is filling the cargo containers that arrive daily!
To me it looks like we're both wealthier, not to mention the American company that's booking a few hundred dollars itself.