The automation/tech piece is really interesting, I'm sure China has a 'plan' for that, unless they slow-play it on purpose. Curious.
I agree with the low-end manufacturing jobs, but they will eventually try to get the higher-end stuff. Also, I'm concerned about how much they own our businesses, shares, bonds, treasury notes, etc. Many of us here probably have China owning 30-40% of our 401k savings.
And let's not forget, China is essentially a modern-day Nazi-Germany in many ways - there's a reason why 50+% of adults in China smoke. Is this the government we want succeeding in the future?