Made in China is over? Vietnam, India, and the USA are destroying China manufacturing industry?

In April 2022, India proposed a new goal for the electronics manufacturing industry. That is, by 2026, India will become an electronics manufacturing center with a contract value of US$300 billion. In just one year, India's electronics manufacturing industry has doubled and entered an era of rapid development. Moreover, in addition to India, Vietnam's manufacturing industry has gradually risen in recent years. The rise of India and Vietnam's manufacturing industry will inevitably have an impact on China, the "big manufacturing country".

Take the Brazilian market, which Chinese companies are very optimistic about, as an example. In recent years, Indian electronic products and Vietnamese light industry have been very popular in Brazil, which have caused a certain impact on Chinese products. In the international community, there are also endless voices about made in India and Vietnam instead of made in China. In addition, Sino-US relations have deteriorated, and Sino-US trade frictions have continued to escalate.

So, under the pressure of rising India and Vietnam, and the continuous sanction of the United States, how has China's manufacturing industry been affected, and How should China deal with these challenges? Well, that and more is exactly what we are going to talk about. Let's get started!