SHENZHEN, China - Monday, April 15th 2013 [ME NewsWire]

(BUSINESS WIRE)-- AsiaInspection, a leading provider of quality control services for businesses importing from Asia and Africa, today announces the AsiaInspection 2013 Q1 Barometer, a quarterly synopsis of Asia-based manufacturing and the quality control services industry.

Manufacturing Declines in the West as China Cashes In

2013 started off strong for China. AsiaInspection figures show Performed Inspections in China having grown by +12.5% over the past year. Smaller manufacturing neighbors also saw significant growth – Vietnam and Thailand were both up +33% and Bangladesh +15.6%.

To put China’s sustained growth into perspective, when it surpassed the United States in 2010 to become the world’s largest manufacturer, their output accounted for 23% of global manufacturing. Fast forward two years and China has gained an additional 10% of total manufacturing share, with $2.9 trillion of the total $8.8 tril ... Read more »