Are the days of the ubiquitous “Made in China” label coming to an end? For decades, and
across many industries, China has served as the factory for companies all over the world.
But China is steadily losing its manufacturing base to Southeast Asia — Viet Nam, Indonesia,
Cambodia, Malaysia and others — because of rising costs, high turnover and other
challenges. As companies struggle to protect profit margins and stay competitive, they are
moving into neighboring countries that offer more value and greater security.