Will China become the poor man’s dealer for high end audio?

No

I am extremely surprised as I would expect anyone interested in high quality equipment and with "50 years of experience" to be familiar with Fang from Stereo Knight, even though not a lot are sold in the US. Fang went on to form his own company called AM. US audiophiles are very insular.
Here are some comments from the British distributor, Ian Borthwick:

Pros.

1) They look incredible and the build is up there with the best
2) Even cold and not run in they are easily the best amplifies I have heard.
3) The midrange is sublime and human voice effortless and so real.
4) The bass is effortless and incredibly articulate.
5) These will obviously improve as they get played in. Awesome.
6) No noise whatsoever. No hiss, no hum, no farting noises. Fang really has excelled himself. In a different league to Stereo Knight.
7) Inky silent background due to incredible noise floor.Cons.
1) Bloody heavy but look stunning.

@laoman Like @ghdprentice I’ve been an audiophile for a loooong time and follow the industry pretty closely and likewise have never heard of Fang, Stereo Knight, or AM. Further, this seems like marketing spam. Last, calling US audiophiles “very insular” is insulting, condescending, and just flat-out wrong.  Period, full stop.  Take your completely unfounded comments and just go away.  Please. 

China's biggest problem now is demographic collapse - more elderly than they know what to do with. Not enough young people being born. It is a train wreck.

@soix 

You have yet again proved my point. The number of high quality non US brands with which US posters here are unfamiliar is legion.

@soix

How is my comment "insulting, condescending, and just flat-out wrong." when you have just proved it by not knowing who one of the most important Chinese hi fi engineers is? For all I know maybe you have never heard of Bruno Putzey, Andreas Koch or Michael Borressen either?