> Speaking broadly of economic trends for the past 30 years, China has dominated manufacturing, at levels of increasing sophistication. To the extent it's running into issues, it's been a victim of its own success: laborers in China are increasingly too expensive for China to be a cost effective exporter at the low end.

That’s just it. It’s grown because it had massive amounts of cheap labour but now it doesn’t. Can they transition into a competitive economy up the food chain?