Asign that China is quickly moving up the global service outsourcing ranking came earlier this year when EDS (Electronic Data Services), one of the worlds leading IT outsourcing companies,announced it would be moving its Asia headquarters to Shanghai from Australia. Recognizing the growing potential of China in this area, the company also announced it would shortly be launching at least two offshore software development centers in the country, with the first location due to be announced at the begining of November.