Outsourcing & Offshoring Boom in China Challenged by Rising Wages, Employee Demands and Regulation, Business and Industry Trends Analysis

While India has become the leading outsourcing center for services like back-office tasks, China has become the world’s top offshore manufacturing center. China is clearly a leader in offshore manufacturing of apparel and footwear. It also excels in the manufacture of computer components, such as motherboards and hard drives. Its telecommunications equipment companies, such as ZTE and Huawei, have become world-class competitors, and Chinese firms have developed expertise in such high-ticket items as medical imaging equipment. China recently became the world’s leading retail car market as well, and has established a mammoth automotive manufacturing industry, along with a significant presence in aircraft and railroad…

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