A study which was co-sponsored by American software giant Oracle Corp, and Dimension Data, ranks 60 of the world’s key economies on their attractiveness as off-shoring locations in nine categories, including political and security risk, regulatory environment, tax regime, labor laws, costs ,skills, and infrastructure.

In overall ranking, China also came in Second behind India.

However, China has also been reported as having a higher attractiveness level as a “potential” outsourcing destination. And in the “Future opportunity Rank -2015″, China had to be the first rank above India. While this is good news, much remains to be done to make China a “must go to” destination for buyers and businesses seeking to outsource IT services and BPO.