There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.
I used to work in a tech store and I can confirm the shift. The stuff that says “Made in China” now are things like laptops, hard drives, drones, TVs, game consoles etc. while basic and cheap products like toys and clothes are now made in other countries.