Even if all of this is true, so the hell what? I remember a DU that used to be highly suspicious of China and devoted to Buy American, Buy Union. Also, Americans bought too much cheap crap from Walmart and consumerism was destroying the culture. Now they guffaw about China having us by the balls (no they don't) and they sneer about empty shelves.
It's going to take a little pain for the US to turn into a producing country again and rebuild the middle class.