> Analysts have highlighted the steep plunge in private sector investment, for instance, which barely grew in the January to September period compared to a year ago, versus 12.3% growth over the first half of this year.

My understanding is that China's meteoric rise in places like Shenzhen has caused local wages to increase and the city to become more expensive to live and do business in, thus giving manufacturing an incentive to seek less expensive areas, like Vietnam, in which the sector is rapidly growing.