Yup. Japan and South Korea (with a little push from their Japanese conquerors a few decades ago) developed to the point that they could build quality automobiles and pretty much anything else. So the cheap manufacture of smaller, less complex items moved to places like Singapore and China. (China, of course, has an age-old tradition of exporting silk, tea, metalware, and, well, China. So making widgets for Westerners was right up their alley.) As business improves for the Asians, the labor costs get a little higher, and now it's the Africans' turn.
Though I want my fellow Americans to have jobs, I also want the third-worlders to have jobs. Keeps them from blowing things up and hijacking ships. Besides, liberty and democracy usually come from the growth of a private sector economy that creates a middle class. The bourgeoisie likes to have some freedom and some say in government, at least for itself. That gets the ball rolling.
