It's hard to compete with dark factories.

Going forward, a big factor in (lack of) "made in Europe" isn't high wages. It's that a) much manufacturing capacity was lost because it was offshored decades ago. It takes ages to restore that. And b) "how many jobs does it provide?" has traditionally weighed heavily in policy decisions.

Once robotization kicks in bigtime, it doesn't matter where labor is cheap. It matters where energy or raw materials are cheap. Or supply lines are short.

Like it or not, China is way ahead on that curve.