There are way too many issues to discuss about China than are appropriate here on the TG. However, take heart, recently China has imposed new environmental and labor laws that will even the playing field a bit. Not enough to move textiles back here but at least enough to keep some other stuff from moving. In the past 12 months, China has actually begun exporting inflation vs. the deflation they have exported in the past. This is bad news for the consumer in the short term but may be good news for the worker in the long term. Unfortunately, the worker is the consumer. Talk about double edged sword.
Now, India...that's another story.