They do produce quality stuff, many computer parts come out of China.   The main thing is quality control, management and I guess development though Ive heard of new Chinese researched products I dont know they regularly make advancements or not.

China can go forward and do anything required but they do seem to go offtrack without guidance.  So do we really trust a Chinese brand name not to cut corners, thats their main problem.  China needs to partner trade to keep up their growth, so I dont see them being a powerhouse dictating terms.  They are very capable of taking over car production from USA for example but the design excellence of the germans not so much