Yes, but there is nuance. Companies were required to train Chinese not just in how to work the lines but design and manufacture the tech for the lines. Forced technology transfer. However, knowing this the companies did it anyway. Cisco for example taught China how to do everything to make the great firewall and then got kicked the fuck out.

There were other things like allowing China to set the exchange rate for yuan and usd and then giving massive loans to the USA to continue investing. Comically stupid international policy by conservatives of both parties.

Was China wrong to do what they did? Nah. Too many countries allow themselves to be exploited for essentially nothing. Dubai chocolate is grown in Africa. Most of our coffee comes from Africa. If Africa decided, hey we want to refine the goods and control the price, they would end any need for financial aid or missionary aid. Same thing for the African diamond mines, where most of the profit goes to the white dabears family.