We as passengers will suffer it, costs over safety. have no doubt about it
China industry works as one entity, backed by the state. The model is to enter the markets and to dump the prices until the established industries are knocked down, and finish with a Chinese company buying the broken ones (when the different governments allows it, what not always happens).
Hawuei and ZTE was selling equipment at lower prices than manufacturing costs, and subsidizing antennas. In 2012 it was started to be investigated in the European Union, and finally was banned due 5G networks and the recent espionage suspicions.
Returning to aircrafts, the recent scandal involving fake parts for engines that was being sold by AOG Technics[1]. In no articles I read about the matter it is investigated, so it is an imagination exercise, but, Where do you think these pieces were made?
[1] https://www.independent.co.uk/news/uk/crime/airline-scandal-...