China

All these people's observations pivot on the assumption that China's edge as a manufacturing power house is centred on its cheap labour. Coupling with the demographic changes, increasing wages, labour shortages in low level factory work, other Global South countries will become formidable competitors to China. But it is far from truth. China is now prioritising on high level manufacturing and it doesn't mind some factories shifting to other countries. And no other country can match China's edge in manufacturing in next 20 years. Building state of the art factories creating proficient work force, massive supply chain network is not easy to build from scratch.For an eg: All the small and big components that goes into manufacturing something like a electric device has to be imported in the case of other countries, but in China is just right next to the assembly factory. That kind of maturity in manufacturing is not build in a whim. It knows the challenges but other than China no other country can adapt this fast to changes with out becoming a imperialist or Neo-colonists. Yes, China is going to be uprooted as the manufacturing power house very soon, all we need is to cope and seeth little harder.