Manufacturing in China has become more regulated and this has been reflected in the importers' prices. The cost of labor has increased in China to support the country's development and the government's expectation to grow its middle class. The country has been getting richer for more than two decades. However, recent events such as the stagnation of the Chinese economy, and the increase of import taxes for products manufactured in China put a blow in this virtuous spiral. On the other hand, Vietnam has fewer regulations, a much lower labor cost, and a considerable development of infrastructure and free trade zones that have led to the establishment of many factories in recent years. Vietnam is not yet at the level of China in terms of production capacity, but for some products, it is a serious alternative to consider if you want to source or have manufactured in Asia for a very low cost.