Things are falling apart in China's manufacturing industry
Foxconn's announcement that it would be investing $5bn in setting up operations in India (reported yesterday) and the rise in the number of strikes (reported last week) has led Business Insider to question whether China's manufacturing sector is beginning to unravel. Manufacturing accounts for 31% of China's GDP according to the World Bank. 
Amid rising labour costs in China, Foxconn, the world's largest contract electronics maker, has been exploring automation and moving operations overseas. Photo: AP