Forecast on asian manufacturing hubs

For the first time in more than a decade, China's manufacturing competitiveness is wavering. A long term competitor for US manufacturer, China is faced with increasing competition from India and emerging Southeast Asian markets, China's rising labor costs and complex regulatory environment are triggering an exodus of manufacturing operations to more investor-friendly and cost-effective jurisdictions. Most notably, India and the 10- nation ASEAN bloc are setting the new bar for international manufacturing standards.

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