From what I've read, eventually it will no longer be that great of an advantage to export jobs to China as the middle class grows. I agree with most of what you said, but the bottom line is it takes so long for economies to adjust and right now the world is still in a struggle.
I'm not sure where this conversation is going so we can stop now unless you want to say anything else XD. I think I'm just really tired right now and can't flesh out what I think I want to say very well.
My last off/topic post.
"Eventually" will take years, this isn't something small or fast enough to happen in a year, 5 years or even a decade, not to mention just because everywhere else is improving and growing to vast margin of competitiveness, it's not like China will stagnate itself just so others can catch up, China is one of the very few countries improving and growing vastly in very scary percentages.
Unfortunately our economy has been in a struggle since the 90's. Nothing major has changed except we are now just more susceptible to knowing the truth and what is out there and happening at the same time thanks to wide spread and vast forms of news media/mediums.