Depends — labor costs in China are going up, making their products more expensive (their workers want a higher standard of living). The market for consumer electronics, at least in countries that can afford them, is glutted (see also: Apple iPhone sales).
Lastly, if *we* wanted to crash the competition, what better way than to flood the markets with cheap money that is used to buy their goods and stocks, then pull the rug out, leaving them holding the bag?