This is good news for all. Especially micro 4/3rds, I'm glad I chose this format over 2 years ago rather than a sony nex at the time. I still don't want to spend crazy amounts on a lens though especially for a small sensor but I will buy lenses if they are good and cheap.
All this anti China rhetoric is unfounded and basically sour grapes. Manufacturing power has always shifted around the world throughout millenia does no one remember porcelain and the crazy debts the Europeans ran up just to get their hands on it including all the fakes they use to make which were hilariously crude. And Yes porcelain has a longer history than the USA.