Posted July 4, 2022 11:34 pm by Comments

  • Southeast Asian nations, and even India, still have enormous hurdles to overcome in competing with China, trade experts say.
  • So far, most of the manufacturing leaving China has been in lower-end processes and hasn’t hurt China’s dominant position, many industry participants say. But the trend is forcing a transformation and upgrade of China’s manufacturing toward higher-value goods, creating risks and opportunities for domestic manufacturers, they said. READ MORE (NON-PAYWALLED)

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