Opportunity for US firms

China's economic restructuring and industrial upgrading will be a gold mine for foreign investors in coming years

As the United States grapples with persistent economic uncertainty, China finds itself at a difficult but anticipated turning point in its economic development model. Its dominant industrial base and market-share of global trade in basic, low-cost manufacturing is weakening.

Chinese manufacturers are struggling as wages rise, the worker-benefit system becomes more cumbersome and the Chinese population ages. Added to this is a slowing global economy, inflation in China above 6 percent, and an RMB that has appreciated over 3 percent this year.