Ravi Rama­murti, director of the Center for Emerging Mar­kets at North­eastern Uni­ver­sity, believes talk about the death of China as an export pow­er­house is “vastly exaggerated.”

While China has become less com­pet­i­tive in low-​​end man­u­fac­turing, it is still one of the best the places for multi-​​component prod­ucts, such as Apple Inc.’s (Nasdaq: AAPL) iPhones, Rama­murti explained.

Vic­toria Lai, China ana­lyst at the Econ­o­mist Intel­li­gence Unit (EIU), echoed Ramamurti’s view: “China is still a big man­u­fac­turing pow­er­house, it’s just what it’s making, who it’s selling to, [that] will change.”

Read the article at International Business Times →