China lost more of its share of U.S. imports from 14 low-cost countries and regions (LCCs) in Asia last year, a recent report showed, as companies continued to move manufacturing out of the world's second-largest economy.
India, Cambodia also grow as 'low-cost' exporters, eroding Chinese dominance
An aerial view of containers and cargo vessels at China's Qingdao port in May last year. © Reuters
China lost more of its share of U.S. imports from 14 low-cost countries and regions (LCCs) in Asia last year, a recent report showed, as companies continued to move manufacturing out of the world's second-largest economy.