> I just don't believe global consumers will choose China over USA, Europe, Japan, South Korea

That seems pretty short-sighted. Maybe you're quite young, but 15 years ago korean cars had a shocking reputation, and japanese 20 years before that. 10 years ago I wouldn't have even considered a crappy cheap korean television, now LG and samsung are tier-1 brands. And subjectively the label "made in china" doesn't have the negative ring it seemed to just a few years ago.

Consumer sentiment can change pretty fast.