Conservatives may generally view this as "good" regardless of the impact because (according to arguments I've heard) "the less globalization, the better." In my mind, however, it boils down to two pretty simple points: Given that (1) the US is lagging far behind every developed nation in education, and higher education in the US is prohibitively expensive compared to other developed nations, (2) the only way for the…
China: + Cultural familiarity, closeness to family. + High pay for engineering. - Pollution - Lack of work/life balance culture.
US: - Lack of safety. - Culturally lost. + Higher pay + Better natural environment. + Better future for kids. Schools & stuff.
Censorship is a minor concern for the most part except for political activists. It's arguable that that the US is becoming more draconian in this regard, especially due to police being able to do whatever they want once they decide you're guilty of something.