| Pemalite said: China right now is undergoing it's own Industrial revolution, it's difficult for anyone who isn't an emerging economy to compete with that, I personally think Brazil, Indonesia and India are probably the best equipped nations to take on manufacturing after China starts to falter/gets to expensive. And that is okay. |
I don't think China will ever falter for a long time in manufacturing, it'll probably take decades (if not over a century) to unseat them in that area ...
Out of all the developing nations, China still maintains one of the best credit ratings so foreign investors are less spooked/more compelled about investing in China than in those listed nations. Once we factor in other things such as supply chains, infrastructure and a transition to automation/high tech manufacturing the nation will probably cement it's lead or grow it even further possibly!
Once they get the robots to handle most of the menial tasks they'll move on to the high end semiconductor industry or other high end manufacturing industries like Pharma so that they can compete with developed nations usch as South Korea, the US or whoeve's leading in that industry ... (protectionism makes sense in China's case since they want to lower their foreign dependence on their aggressors and they want tighter price control so that foreign nations won't be able to profit so easily much like how the US developed shale technology to get a leverage on OPEC's oil pricing)
After that they'll use all of the previously developed tools to compete with the US in medical science and biotechnology ...
