That press you mentioned in an interesting example of the globalization of machine tools. Commissioned by an American company and made in Italy by a Hong Kong Chinese owned company, which now makes them in China.
Hard to say really... if foreign labor is subsidized under communist strategic policy, than it is more of a loss-leader rather than rational competition.
Value blindness is often accepted in consumer markets, but can prove fatal in industrial or aerospace products. Hence the rules silly people try to work around to make more money. =)
