How China is losing its crown as the world's factory

The country's stronghold on manufacturing might be slipping, but latching on to the technology sector could be its saving grace.

Over the past two decades China has earned a reputation as the world’s factory. An impressive array of statistics is testimony of the country’s transformation from an agrarian economy to an industrial powerhouse: China is the largest producer of steel, cement, glass, fridges and TVs and more.

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