Don't get me wrong, I think China is a great country. Throughout history, they are probably the greatest country. The United States is just a blip on their timeline, which goes back more than 5000 years. I am 100% certain that the Chinese national ambition is not limited to manufacturing goods for the rest of the world cheaply. They are setting themselves up to become the dominant world power, and this will happen soon.
Historically speaking, the Chinese people are not aggressors. They are not colonialists to any large degree. They do not start wars with other countries. But make no mistake, they will begin to dominate the world economically as well as militarily. They will be able to steamroll other nations that oppose their will.
I think the Communist regime is basically communist in name only these days, the communist experiment was proven a failure years ago and the Chinese are smart enough to see this. They are full-throttle capitalists these days, still in the early stages where they are not afraid to treat their workers like dirt. The Chinese are taking over, whether we like it or not. It makes no practical difference if you or I refuse to by Chinese made knives. They make everything else as well. Your TV, your computer, your dishes, your silverware, your furniture, your children's toys, etc. etc.all made in China.
While you are sitting at your desks, pick up the stuff you have in arms' reach, flip it over to see where it was made. I count 15 items on my desktop alone. That's not counting the computer, I just noticed the keyboard is Chinese, the mouse, the monitor, the pen tablet, the printer the CPU...China China China.