Your English writing platform
Discover LudwigExact(2)
A Forrester report in May titled Chinas Diminishing Offshore Role concluded that the countrys offshoring market had not taken off as expected and had a way to go before emerging as an alternative to India.
But even if the number of good jobs were fixed, the fears of a great job migration are exaggerated.The McKinsey Global Institute has conducted a large-scale study of the offshoring market and concluded that constraints on both the demand and the supply side will keep the number of service jobs moving offshore much lower than is widely believed.
Similar(56)
It has encouraged experiments with an inchoate offshore market in yuan in Hong Kong.
The offshore market for rupee trading has exploded in size in the past year or so.
Yet this ruthless competitiveness has not won them a decent share of the lucrative offshore market.
"Some people will try to flee, but this is going to change the whole of the offshore market".
Contrast that with the sale in August of 20 billion yuan ($3.1 billion) of paper by China in Hong Kong's fledgling offshore market.
A Maersk executive says that the offshore market is now worth $44 billion.It is hard not to be impressed by the figures or the engineering.
The offshore market looks better than that for onshore turbines, with new installations expected to grow by 20 percent a year in the future, according to Siemens.
It offered the bond in London, which is vying to beat other financial centres in developing an offshore market for yuan-denominated products.
Most recently, it has announced plans to begin trading in China's currency in the forex market and has developed an offshore market for Islamic financial instruments.
More suggestions(3)
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com