I don't think its all that bad folks. Keep in mind its a natural progression in any developing country that the more capitalism takes root, with the growing middle class, eventually things change. Whether through revolt, revolution or peaceable development, lots of ways. But look how they have come over the last 15 years alone.
Does anyone *really* think that things will always be cheap coming out of China? Not likely. Remember Japan back in the 50's and 60's, CRAP, all crap. TIme travel back and ask someone about 'Made in Japan'. Fast forward to today....
Same with China, it will happen. It may take longer because of their size and population, but things will change, the Chinese trough won't be like this forever. They won't take over the world because they will always be cheaper, one day they will be in the same boat we are, all their factories will one day be outsourced to......Libya or....Canada