China and others are clearly demonstrating the power of capitalism with state support. The US is too busy infighting and keeping capitalism and politics separate (small government, let the market decide etc). You wouldn't find enough employees that want to work in manufacturing; you'd need millions to even try and get close to what China is doing.
Now I'm not actually OK with what China is doing, the paragraphs about worker conditions were quite telling. But I will recognize that it gives them the upper hand in manufacturing that the US hasn't had since the 50's.
(meta: I'm gonna have to specify "the 1950's soon" don't I?)