Why Chinese goods cost less...

Ah, so you aren’t saying “That country’s better because of stuff like this,” but rather “It’s hardly any wonder they’re able to churn out inexpensive goods.”

Chart is USA specific, dollar values accommodate inflation (“real”)

I think you also raised a really curious point; how will things change as their middle class rises? Many think their output will slow as their prices become less competitive but it’s also interesting to consider if their population will follow the same pattern of change as other countries (e.g. evolving labor/enviro laws). Do you think there’s any credence to the concept that rising Chinese prices will strengthen US-based manufacturing?