The only reason China is emerging is because of the cheap labour brought in from the country and material costs , other things such as design , new product and new inventions and innovation Britain will always be top of the world .
No it's not. China is turning out more talent on average per capita than we are. To date the economy has been built on a blue collar workforce, but they have their sights firmly set on the more premium work/industries that we think we can hold onto. If we're not careful, we'll all be on £8k a year turning out plastic widgets for export to wealthy Chinese families.