@EvolLove China hasn’t taken any kind of step back. It is pursuing exported manufacturers as a growth strategy more aggressively than ever. Domestic manufacturing in the US, measured in terms of US jobs and investment, continued to wither through Trump’s presidency. Only Biden’s IRA/CHIPS/BIL trilogy has begun to reverse that, with increased domestic manufacturing fixed investment. It’s too early to tell whether that beginning will lead to a significant renaissance in the US.