rash - Creative Careers in China

Graphic artists, photographers, videograhers working in China. I've read a lot about the drive for well crafted design and advertising in China (as you can see in any ditie station, magazine, billboard etc), especially as corporate interests from domestic and international companies continue to gain footing in the country.  However, the pool of freelance artists and professionals that will work for below market value seems to be setting quite an awful trend for those who want to make a living in creative fields.  Has anyone else found this to be true?  It happens in the US also, but usually newly graduated students who try to undercut the market with cheap rates end up not surviving and dropping out of the industry, or producing work that is not on the same level as those who charge market rates and produce high end work.   This is epecially of interest to me, as a creative person looking at the potential of careers in China.  Comments? Experiences?