China really does not make that many chips. You are dealing in a fantasy.
China manufacturers CPUs, GPUs, LEDs, TTL, CMOS, and linear chips. Most are used in country, except LEDs, which are sold internationally for cheap.
China's usual exports for computers are mechanicals (cases and related hardware), power supplies, and of course, LEDs (also sold as Christmas lights). They also produce motherboards and auxillary cards.
Taiwan specializes in custom CPUs and GPUs for international sale.
Japan specializes in solid state displays, LEDs, base logic, resistors, capacitors, inductors, crystals, memory, and SSD and mechanical disks.
South Korea specializes in finished appliances, and also produces stock CPUs and GPUs. They also produce motherboards and auxillary cards.
Here in the Americas, Mexico produces CPUs and some memory. The United States produces memory, especially the fast specialized stuff needed for video cards, GPUs, CPUs, some mechanicals, and auxillary cards.
There are also a lot of other items besides computer components made in China and imported to the United States.
As long as the price form China can stay competitive, people will buy it.