Yeah. IMO, one shouldn't underestimate the China route. We're talking about an industrial superpower with turnkey capacity. No other country aside from the US has that base, and Europe has to get together via consortiums to match it.I remain sure that PAF will make the best choice from all available options now as it did back in those days.
Basically, the J-10CE and J-31 aren't 'made cheap' per se, but they leverage the same great economies-of-scale, widescale (PLA) adoption, etc, that American fighters do. That's what makes them truly affordable (on top of any savings in production or labour).
In China, the PAF finally has a supplier akin to America in all the key ways. The only constraining factor is funding (or lack thereof).