Mostly true
"...practically all the sexiest, highest quality and most expensive computing devices we use here are manufactured there. And they do it because we can’t."
My iPhone is manufactured in China because labor and components are cheap over there. If labor were that cheap here, it would be built here. We're perfectly capable of building that stuff over here, we just can't afford the labor.
In addition to my iPhone, other, not-so-well-built stuff comes from China (different factories, same country). The power adaptor that fell apart, the kitchen timer that doesn't and the rest of the junk. That's not racist, it's a fact. You get what you pay for. Chinese factories will build it...well or poorly, depending on your cost target.
It's not racist, more like slavery. Chinese workers are, even at the factories that make the high end stuff, paid far far less than a western living wage. And environmental, health and safety regulation is, shall we say, unevenly enforced? Everything comes at a price.