China has a lead on US manufacturing in a number of areas. I mean beyond just labor.
Apple iPhone motherboards and assembly is in China and I think everyone agrees its a very high quality phone. Its no cheap PCB either, but a relatively advanced 10+ layer board with a huge number of chips, components. With volumes that no US company can sustain.
We need to learn from China, but we also need to avoid the absolute crap / bullshit / economic failures of China while doing so.