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.
These developing economies are on track to reap the benefits of a demographic dividend and inherit China's comparative advantage in shipping and labor costs over the next five years and will soon assume the mantle of the world's newest factory states.
Asia Briefing, from Dean Shiraza and Associates, has released a report that examines several of the Asian region's most competitive and promising manufacturing locales including India, Indonesia, Malaysia, Singapore, Thailand, and Vietnam. Exploring a wide variety of factors such as key industries, investment regulations, and labor, shipping, and operational costs, the report delineates the cost competitiveness and ease of investment in each while highlighting Indonesia, Vietnam and India's exceptional potential as the manufacturing leaders of the future.
Included in the report are some of the following findings:
This full report is available to members.