China welcomes Indian software companies
China has welcomed Indian software giants to set up base in China and to start joint ventures with Chinese companies. While Indian companies earlier looked at China only as an "even lower cost" competitor, we now see an emergence of cooperation between the two nations. This cooperation is vital for companies from both nations to do well in the long run.
Ref >> Beijing rolls out red carpet for Indian IT giants
Could this mean that work and jobs will now move from india to china?