>The now well-regarded "Made in Germany" was mandated by the UK to warn British customers about cheap copycat products from Germany (which later backfired because those products were both cheap and high-quality) [2]

I mean in a sense we're approaching that stage with China now. Huawei, xiaomi etc. Make great quality phones, laptops, vacuum cleaners, etc.

Made in China as a cheap copycat is already over, although it still exists in parallel.