That’s a very simplistic and somewhat biased view of the world trade and capitalist market. Also it is quite wrong.
The market derived China to be a dominant player due to its market size, its natural resources, its facilities and its infrastructures, its labour rate, its stable political system, its willingness to invest in its own infrastructure to encourage investment, its lack of regulations and also its willingness to be open to do business.
Back in 1980s and 1990s when Deng Xiao Ping first opened China for outside investment it was singularly the best place to do business because of all the above factors. It made itself the rich “east” where businesses, entrepreneurs can make a fortune. Similar parallels you will see in post war Japan, current general of Southeast Asia countries. Many of these countries are copying china’s model of setting up special economical area in their big industrial cities and ports just like China did in early 80s.
currently we just happen to rely heavily on Chinese manufacturing which doesn’t appear to be an ally of the west. Don’t be fooled in thinking the west is clean in its business practices. Bribes and underhand dealings are rift in ALL business negotiations
Right up until very recently our government was still trying to get into bed with Huawei despite the US and AU screaming at us DON'T.
US and UK intelligence services have been warning governments about China using its western embedded infrastructure (3G, 4G) to steal Intellectual Property and state secretes for a decade and it was ignored, they pushed ahead with taking China's money and inviting them in to take over more and more of our critical infrastructure, even our nuclear power plants.
This is beyond incompetence, this is delusion that somehow its not a problem, that it will be ok.... because its convenient and easy, its the weakness of not being able to acknowledge the problem and put a stop to it, its the same weakness that makes all politicians these days parrot whatever lunacy is trending on Twitter because they can't handle being criticized by Mainstream Media Twitter addicts like Emily Maitlis.
Nothing RE: The China problem was done until the bad Orange Man now in the White House picked a fight with them, and rightly so that he has, it needs to be done.
Don't you think we should be pulling back from China?