Somehow you’re still ignoring how those Euro-American exchanges occurred under duress, at the point of a gun.

Buying raw materials at a freely-agreed upon price, and then applying labor to them to create a finished good, is not exploitation. No one was coerced into anything.

Where are China’s guns? In China. The US has over 800 overseas military installations, while China has one, an anti-piracy port in Djibouti.