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China's dominance of manufacturing is growing, not shrinking

Country gaining market share in both low- and high-tech sectors

| China
A worker makes clothes at an apparel factory in Enshi, China, in November 2020: Chinese manufacturers are still gaining export share across low-technology and labor-intensive industries.   © Imaginechina/AP

William Bratton is author of "China's Rise, Asia's Decline." He was previously head of Asia-Pacific equity research at HSBC.

When it comes to discussions about China's manufacturing capabilities, there is an all-too-frequent disconnect between rhetoric and reality.

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