[alephnerd]

> that the manufacturing is disappearing

Manufacturing is not disappearing in China yet. Or at least not skilled manufacturing.

Any deindustrialization that is happening is in the low margins space like Textiles, plastic crap, and the likes, which have begun moving to Vietnam, Bangladesh and India - but that was always going to happen. There's a reason why those textile factories in Tijuana or Ciudad Juarez in the 1980s shut down by the early 2000s.

For higher value intermediate parts, the manufacturing base continues to exist in China, but is now competing at the same price point as an OEM in Thailand, Mexico, Poland, Romania, Russia before the war, etc.