According to a recent study by KPMG, China would have replaced India as the first destination of outsourcing and shared services for companies in Asia pacific. Singapore would be second.
Although the survey was restricted to asian companies, the trend is clearly: China is the number 1 choice for Asian companies to outsource services.
42% of respondents say their company has set up one of their shared services center in China and 41% say they have an outsourcing provider There.