While people in the West fear China as a global manufacturingpowerhouse, the Chinese consider their manufacturers to be the sweatshops for the world and see themselves as being in a disadvantageous position.
Latest figures show that manufacturing is still an economic powerhouse in the Yorkshire and the Humber region with a combined workforce of over 294, 000 workers.
But the emergence of China as a powerhouse producing a variety of manufacturing goods at very cheap prices thanks to the large scale and skilful exploitation of the supply chain means that not all manufacturing jobs will be transferred from China to Africa.
Manufacturing growth rates are starting to taper off and the Chinese powerhouse suffering from rising house prices and other sources of inflation problems looks altogether more likely to raise interest rates on account of price pressures even if the economic growth burst is fading.