Was the global decline of extreme poverty only due to China? – Our World in Data
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ourworldindata.org
The dollar stores no longer sell items for a dollar so the critical mass has shifted. People who work at Walmart no longer can afford the items at Walmart and dollar tree is dollar-twenty-five tree.
The Chinese need to get back to making things at a lower price point and their exports reflect this. If I’m going to pay good money I don’t want the product made in China or India.
However, you would also appreciate that a large number of migrants (legal or otherwise) are involved in local manufacturing as well. The recent Reuters news on the matter comes to mind, "How migrant workers suffered to craft the 'Made in Italy' luxury label - https://www.reuters.com/world/europe/how-migrant-workers-suf..."
Not how trade works. America's rise didn't hollow out Europe's middle class.
America's middle class's decimation was enabled by China's rise. But it wasn't caused by it.
Save everyone some time.
But if you are not paying good money, then its OK right ?