Exactly. It’s not derogatory at all to say that a predominant business model there is to copy the best out there. (I also have personal experience in design school with Chinese students in my cohort.)
Is “clever” the right word, though? Maybe. If you mean it in the way of “good idea”.
It’s like how Apple (can’t believe I’m typing this) will take an existing product/concept and make it better, or outright buy the company or copy their concept in the next version of iOS. (RIP FlikType on Apple Watch. Go give em’ $8 if you own a watch S6 and below to get typing on the watch instead of the S7)
Granted Apple has iterative improvements to whatever came before, and Chinese business model is to copy completely and add extra useful things that weren’t on the Apple’s product (better camera, better screen, etc.).
It’s a business model 🤷♂️ See who is making the most money and just copy copy copy! Then the copier makes money. Easy.
Again, I want to reiterate: this is NOT DEROGATORY against Chinese folks, and shouldn’t be read that way

I just hope that they aren’t too successful at it and put the innovators out of business
Maybe a third time I’ll say it: it is fine that Chinese companies approach things this way

if anything, it will light a fire under US companies (and others) to continue innovating. Can’t relax!