http://biz.yahoo.com/ap/040630/offshoring_jobs_5.html?
"General Electric Co., which offshores about 70
percent of its technology work, designs medical
equipment in its Chinese research center and studies
nanotechnology at a lab in India.
Motorola is hiring 5,000 researchers for a global
research and development center in Beijing, while
Intel employs hundreds of researchers at its Russia
Software Development Center in Nizhny Novgorod.
President Bush has largely avoided the touchy subject
in public appearances. Some of his economic advisers
have said that exporting labor to low-cost countries
will reduce business costs, boost corporations'
financial performance and thereby improve the U.S.
economy."
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"A report by an influential consulting firm is
exhorting U.S. companies to speed up "offshoring"
operations to China and India, including high-powered
functions such as research and development."
http://www.newsday.com/business/loca...ness-headlines