As the article says, "If only have they marked it "CN555" with proper data-sheet - it would have been totally legitimate and fair product."

It's nice to produce new chip designs, and they should do more of that, but it's immoral and inefficient (it hurts everyone integrating your product) to say that you're producing X1 when you're producing X2.

If anything, the fact that a lot of chips you can buy from China do not match their specification is exactly one thing that keeps China's semiconductor industry back. If some Chinese company built a cheaper and in every regard better NE555, they would have a very hard time marketing it because noone would trust that sellers offering them wouldn't be selling them recycled bad-quality TI parts instead.

What does it have to do with race?

OP's handle seems indicative of something...