It is horrifying that a country with such low quality products and services can actually hope to take over. I avoid dealing with anything Chinese. Now that UK is out of the game I think Europe should focus their trades on US (Trump won't rule forever with his trade wars).
Not all products from China have low quality, they have some sort of a double standard. If this product is for EU consumption then it should pass the standard set by UE. As long as their products will serve the functionality then it is already ok, they don't take much time for aesthetics. If you want a product to be made in China, just send them your own QC personnel and you can have the product that you wanted.