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Why is China so successful as manufacturing hub of the globe?

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A mail in my inbox : (may be a Quora answer?) International Business: Why didn't American companies choose India instead of China for manufacturing products? - Haosen Cai, Engineer. I've come across similar questions from time to time on this very topic and I don't recall anyone ever pointing out the true reason. read more

The reason as to why India can’t out perform China in manufacturing is NOT because of infrastructure, it’s NOT because of skilled labors, it’s NOT because of corruption, and it’s also NOT because of “superiority of the Chinese mentality”. read more

Consumer products from China are exempted from any import taxes. Lower tax rates help to keep the cost of production low. (For more, see: Top 6 Factors That Drive Investment In China.) Currency. China has been accused of artificially depressing the value of the yuan to provide an edge for its exports against similar goods produced by a U.S. competitor. read more

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