China and Malaysia- Offshoring
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Why has China and Malaysia become major offshoring hubs for U.S. IT outsourcing? Can either surpass India in outsourcing? Explain and provide references.
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The solution discusses why China and Malaysia have become major offshoring hubs for U.S. IT outsourcing.
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China is emerging as a strong player in IT offshoring due to the presence of a large number of skilled IT professionals. Due to such huge supply of manpower in IT, China is not facing wage inflation related problems like India. Further, the appreciation of Indian currency against US dollar is further making China an attractive offshoring destination as its currency Yuan is controlled by the government. ...
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