Due to the increasing Chinese labor rates you can expect more outsourcing to places like India, Pakistan, Indonesia, Peru and Africa. Actually you will get cheaper labor rates in all those areas beneficial for 2010 trends in outsourcing.
In fact, you can note that Wal-Mart is carrying socks from Pakistan now instead of China. But they still have Chinese socks apart from Pakistani products. Similarly, you can expect more new outsourcing to India in the future than to China. We can expect 2010 trends in outsourcing.
We should expect continued outsourcing from large companies that are trying to impress Wall Street to keep their stock prices moving upward all throughout the business expansion period.
This does not mean that US consumers will not continue to buy Chinese products. China of course has many advantages because they are developing the infrastructure needed to handle the outsourcing of all the first world nation’s needs. We expect these trends to continue in 2010.
In addition, we can expect those corporations that are sitting on piles of cash to offer advanced payment to small businesses for steep discounts in their outsourcing needs. These are all trends we see for 2010 when it comes to domestic and international outsourcing. Please consider all this.
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