What is the business role of china as an emerging manufacturing superpower?

Question

What is the business role of china as an emerging manufacturing superpower?

and what are some pros and cons of production outsourcing??

Answer 1

There is such a scare for America's future because of China. We (America) are outsourcing all of our businesses to China because it is much cheaper thus making it more lucrative. China has a massive amount of workers and many intelligent ones at that, that are willing to work for these outsourced businesses.

Pros- nothing

Cons- America is no longer going to be the leading power in the world