china vs rest of the world

was watching the sky news yesterday and they actually devoted one full day of news to this particular topic:

"Christmas came early for UK"

apparently, the world's largest container ship is making its way to UK on its maiden journey... a total of 11,000 containers are on board on this ship and it started its journey from china... 2000 containers will be offloaded in UK and within these containers are the things that people need for their Xmas shopping... thus it's titled as "Christmas came early for UK"

but the key issue is that they are debating the possible impact that goods-made-in-china will have on the UK economy...

who doesn't know the impact of international trade ever since china open up her doors to import amd export?? is there anything other countries can do, in the face of the abundent cheap labour ==> cheaper goods that china can offer to the rest of the world?