Another Gartner piece in the Register, pointing to expectations that China and India will generate $27B in software and application development revenue by 2006. Maybe. But it's not all smooth sailing, as recent tensions in South Asia demonstrate. As India and Pakistan stood toe to toe and threatened war, software developers fled India. The country now finds itself trying to woo those companies back. China will face similar problems - business rules are more liberal, but political concerns remain very near the surface.

Software in China, India to top $27bn by 2006. And China to pass India, says Gartner [The Register] 

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