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@logicalduck
Its a massive problem! look at all the fake OEM carbonfibre frames on ebay, if they start to get a reputation for being just as good as the original issue frames then why would anyone spend the extra money to buy the real one?
Slowly but surely companies like pinarello are going to lose more and more potential customers. When your potential market is already small that's seriously bad news, I can see them regretting it in the long term. That OEM bike isn't going to pay R and D costs, it isn't going to pay for the sponsorship of the big competitions or the other advertising costs.
Plus if all the stuff is made in china, well then what's to stop a chinese company setting up and taking market share?...because after all the chinese stuff will be just as good as the campag stuff because that's where they will have learnt their trade.
You are starting to see it now with chinese motorbikes, ok the first generation are rubbish but they are honda & suzuki clones...when they finally iron out the issues they are going to dominate the market, just as the japanese did back in the 60s & 70s I think the japanese are going to live to regret having sold the chinese the old machining for their engines.
Look at the chinese throughout history and you will see that things they invented like silk they kept the secret to themselves and built a big wall. That's exactly what europe and the west should be doing with its intellectual property because the chinese have zero respect for intellectual property or copyright.