China IMO has mastered efficient (low cost) scalable production of standard components. This is the ticket for mass produced consumer tech. Low wage was one of

China IMO has mastered efficient (low cost) scalable production of standard components. This is the ticket for mass produced consumer tech. Low wage was one of the big drives of this which might change in the near/mid term. If the age of custom built products does appear this may put another damper on China insustrial production growth. In either case, next 10-15 years should be very interesting, hopefully in a good way (disruptions that are uncomfortable, but not crippling and lead to better setup in the end).