You get what you pay for.
What a true saying. China has always been cheap.
They can produce cheap. They have come a long ways but the backlash for recalls will be painful for them and a bonus for American industries.
An article in a New England paper listed all the recalls of products made in China and then they interviewed a number of people who said that they now scan the box for each product to see if it was made in China. They refuse to buy it then. One US toy manufacturer says that they are swamped with orders. I believe this is going to be a growing trend for awhile.
Starting with affluent consumers the story will be buy American.
The next decade will not belong to China after all. It will belong to a resurgent and strong America.
Wall Street will eventually catch up with this reality and then you should be into the large cap American stocks.