China aims for outsourcing supremacy

[TexasLawyer]

China aims for outsourcing supremacy

By Mike Nagle

03/01/2007 - The Chinese government has announced plans to consolidate their outsourcing industry in an effort to capture business from other developing countries such as India. Intrinsic advantages that China offers such as lower wages need to be combined with financial and logistical improvements in other areas if the People's Republic is to capitalise fully on their potential as a major outsourcing hub.

In order to combat the fragmentation seen within China's outsourcing industry Assistant Minister of Commerce, Fu Ziying, has outlined plans to develop 10 outsourcing base cities, starting with Shanghai, Dalian, Xi'an, Shenzhen and Chengdu.

Fu hopes the scheme will encourage multinationals to shift offshore outsourcing services to China and promote up to a 1,000 native outsourcing enterprises. He said: "The Ministry of Commerce is to channel social resources into innovation-oriented enterprises, and support policies will focus on enterprises rather than export products."

India looking east

Remarkably, the increasing opportunities available in China aren't just attracting the usual expected clients. Developing countries such as India are also taking advantage. Indian outsourcing company Tata Consultancy Services (TCS) are expanding their operations into China, adding up to 5,000 new workers to their Chinese operations over the next 3 to 5 years.

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http://www.outsourcing-pharma.com/news/ng.asp?n=73050-chinese-ministry-of-commerce-tcs-wto-bridge-wuxi-pharmatech

[TexasLawyer]

1. It's the great race to the bottom, folks

and America is in the race.

[BearSquirrel2]

2. It's time for the foreign minimum wage ...

So here's the deal. We put the world on a wage scale. At certain thresholds we assign a certain tariff on all your goods as well as your goods transported through 3rd party ports. China ... your goods are at a 300% tariff. If you want the tariffs lowered, put minimum wages in effect and raise the standard of living in your country.

The US is getting PUNKED right now. There is no industry natural to ANY country!!! There is only piss-poor slave labor and unions with rights and benefits.

NAFTA, GATT and WTO have to go. If the Democratic congress is smart, they'll focus on this instead of trying to push Bush out of Iraq.

[Rosemary2205]

3. the world enriches itself off chinese slave labor

how sickening.