China’s dominance of low-cost manufacturing is waning, which may cause major disruption to the world’s second-largest economy in the medium and long term, according to a new book on the urban-rural divide in the country. Shown here is very urban Shanghai. (Photo: © Inge Hogenbijl | Dreamstime.com)

China’s dominance of low-cost manufacturing is waning, which may cause major disruption to the world’s second-largest economy in the medium and long term, according to a new book on the urban-rural divide in the country. Shown here is very urban Shanghai. (Photo: © Inge Hogenbijl | Dreamstime.com)

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