China Losing Orders, and Jobs, to South East Asia
Rising costs will bring the demise of China as “factory for the world” within 5 to 10 years, says a new market report.
Shanghai residents pass by a Nike store on the Nanjing Road shopping street on April 17, 2010 in Shanghai. Today, 41 percent of Nike's shoes are manufactured in Vietnam, and 32 percent made in China. Feng Li/Getty Images
By Gao Zitan
Updated:
