Efforts to compete with China show promise

Talk about the need for a major ad campaign-with all the focus on China in recent years it almost seems that every other Asian country has fallen off the map. Yet, a handful of countries, including Thailand, Vietnam, and Cambodia, have been busy investing in infrastructure and manufacturing facilities to improve their competitiveness.

At the same time, many of those companies who are now operating in China have begun looking to diversify their manufacturing activities to mitigate risk. And, for those in the ruthless consumer goods and electronics sectors, the quest for low-cost manufacturing never ends.

Even China is responding to the 'China Impact' and is stepping up the pace of infrastructure and regulatory reforms to help facilitate the manufacturing boom and retain its attractiveness to foreign investors.