China's changing impact on regional manufacturing.
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Asia Monitor Southeast Asia Vol 1 Vol 24 Issue 10, October 2013. p.8 (49)Summary: China is changing from low skill low technology to high-skill high-tech manufacturing, is experiencing rising wages, and has to cope with an ageing population. This report looks at the impact this will have in the region; Northeast Asia will experience more direct competition from China, meanwhile some Southeast Asian countries are expected to benefit from some relocation of lower end manufacturing out of China, a process described as China-plus-one.
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China is changing from low skill low technology to high-skill high-tech manufacturing, is experiencing rising wages, and has to cope with an ageing population. This report looks at the impact this will have in the region; Northeast Asia will experience more direct competition from China, meanwhile some Southeast Asian countries are expected to benefit from some relocation of lower end manufacturing out of China, a process described as China-plus-one.
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