Mexico is the big winner here. Smart companies have been in the process for the last few years getting out of SE Asia. For the US, Mexico is the perfect fit. America has the food, the oil, Mexico has the labor and is a fairly educated country. I have read a few articles saying it is cheaper now to manufacture many things in the US now. Some say 5-10 years and the process will be in the end stages. Shorter supply lines, less volatility, way less hassles dealing with SE Asia.
As far as China goes, I have not read anything remotely positive about it's future.
Interesting to see what happens in the next few years.