Yep even though the Chinese are making a lot of ultra low priced and low quality stuff they have the skill and manufacturing plants to produce the highest grade electronics also - and do so with a fraction of the cost required in the US.
= no OSHA, no environmental regulations, and no unions in Chi-com land.
The U.S. could do the same if we overworked everyone in unsafe factories and then dumped all of our toxic waste in a hole out back.