China was only ever going to be a more attractive option until the cost-of-living and wages went up to the point where it wasn't.
They don't have the edge in technical personnel or work ethic yet, and they are still rushing to catch up on English proficiency.
I don't expect that many factories to move out yet, but as China becomes more prosperous, and middle-class (as opposed to unskilled) wages go up, manufacturing there is going to become a less and less attractive option. Especially for companies afraid of losing trade secrets and IP to their Chinese partners.






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