People, next time you shop in your local Walmart, Lowe's or sports stores, etc, randomly check out products on the shelves next to you and see for yourself how many of them are still Made in China.
Last time I did this was probably two years ago. At that time, Chinese-made products were ubiquitous. Now, they are still there, but their share significantly diminished, making room for products made in other countries such as Vietnam, Mexico, Indonesia, Canada and the US. I don't recall seeing Made in India. But India could be the next manufacturing powerhouse at the expense of China.