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Byline: John Sparks, Joe Cochrane, George Wehrfritz, Allan Sloan, Carla Power, Mark Hosenball, Ginanne Brownell, Andrew Romano, Jenny Barchfield, Jonathan Ansfield
CHINA
Not Ready to Be No. 1
Whoever said that small is beautiful wasn't thinking of China's technology outsourcing business. The mainland's software and IT sectors have been growing revenues at more than 40 percent per year since 1997, but according to a new study by McKinsey & Co., the jostling of too many small, marginal players is blocking China's emergence as a rival to India as a high-tech outsourcing destination. Three years ago, global technology consultants Gartner Research ...