[potatolicious]

You're forgetting intermediate goods - the fact that your computer monitor is made in China does not imply that all of its internal components are also made there.

You're also forgetting that consumer products are but a portion of total manufacturing output - industrial goods are also an extremely large segment of the market, and one where we have not yet lost the lead to the Chinese.

[eru]

Though perhaps `lost' to the Germans. They sell lots of capital goods.