Average manufacturing wages in China were $3,100 a year -- and that's updated to 2017 U.S. dollars. Manufacturing wages are around $2,900 a year and rising fast. With economic growth running at 7%, Vietnam's financial fundamentals are changing every quarter. Part of Vietnam's growth is coming from China itself. The last 11 years of growth in China have raised even the poorer provinces of western China up to global middle-income levels.

Source: Forbes November 09, 2017 16:15 UTC