India: Scm Hub?
Global pioneers are peeking around China's corner
and beyond the Himalayas into Asia's next major logistics hotspot -- India.
As China's economic dynamo continues to spin circles with near double-digit annual GDP growth, reinvestment in infrastructure closing in on 50 percent of GDP, and U.S. offshore interests expanding, the horizon looks discernibly red for many U.S. outsourcers.
But some cautious observers look at the current trade imbalance between the United States and China through a more objective lens. Concerns about relying too much on one country have many U.S. businesses eyeing India as the next frontier for global outsourcing.
China remains a strong area of opportunity for U.S. companies looking to expand globally, but important questions about its long-term benefits and risks still need to be addressed.
"What happens to the global economy if there is a hiccup in China? What will be the political and economic ramifications if a downturn occurs?" asks......
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Approximate Word Count: 2740
Approximate Pages: 11 (250 words per double-spaced page)
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