I see this as a win-win, too, but in a different way.
Early on, the US companies cut their costs: good for them, and likely their customers. In the long term, China developed the expertise needed to contribute to the development of advanced technologies: good for them, and for humanity's aggregate progress.
There's a lot of acrimony over how to divide the surplus, but this shouldn't overshadow the technological and economic development happening before our very eyes.
Early on, the US companies cut their costs: good for them, and likely their customers. In the long term, China developed the expertise needed to contribute to the development of advanced technologies: good for them, and for humanity's aggregate progress.
There's a lot of acrimony over how to divide the surplus, but this shouldn't overshadow the technological and economic development happening before our very eyes.