China is unlikely to maintain its global dominance over time... Businesses are moving to India (along with Vietnam, Thailand and Taiwan). Don't invest in China, invest in India (or other countries).
Some of these reports are a little old, but remember it takes time to build plants etc so you can expect to see a gradual increase in their outputs and GDP.
Another blow to China! 24 companies plan to shift production units to India - BusinessToday
It appears the sentiment and process was already started in 2019
China: About 200 US companies seeking to move manufacturing base from China to India: USISPF - The Economic Times (indiatimes.com)
It appears China is too expensive as their cost of wages has been increasing.
1,000 foreign firms mull production in India, 300 actively pursue plan as 'Exit China' mantra grows - BusinessToday
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