China marches into outsourcing
China’s sales of IT outsourcing work are growing at roughly twice the rate of India’s. Consulting firm Analysis International says they jumped 45% in the fourth quarter of 2007, to about $600 million. Although much of that was for clients in Japan and other Asian countries, China is making a push to extend its reach. In 2006, the central government launched the “Thousand, Hundred, Ten” project, aimed at cultivating 1,000 Chinese outsourcing companies that would cater to 100 international clients. Beijing wants to situate them in at least 10 cities. Some are familiar locales — Shanghai, Beijing and Shenzhen. But success or failure may come down to smaller cities largely unknown abroad.
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