Rising automation, excellent infrastructure and the migration of some productive capacity into the cheaper interior mean that China is likely to remain a highly competitive export manufacturing centre over the coming years. This will make it much harder for low-wage emerging economies, mainly in Asia and Africa, to grow quickly.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services