Wanting to free up resources, take advantage of overseas markets, or

Wanting to free up resources, take advantage of overseas markets, or minimize operating costs,many developing industrial nations, such as India and China, are providing American companies in establishing more cost-effective development opportunities than those in the United States.

1) The elements "Wanting to free up resources, take advantage of overseas markets, or minimize operating costs" are defining something which is looking forward to apply the elements somewhere, not the place where it is meant to apply.
Here, The American Companies are looking forward to apply these elements into developing country markets.
so using many developing nation after elements show that the developing nations are using the elements.
so eliminate A and B

2) developing industrial nations in establishing development opportunities in C and D are indicating that the developing nations are up to establishing development opportunities not American companies, Development opportunities is Wrongly modifying the developing nations.
Eliminate C and D.

A. many developing industrial nations, such as India and China, are providing American companies in establishing more cost-effective development opportunities than those

B. many developing industrial nations, such as India and China, are providing American companies with more cost-effective development opportunities than they could have established

C. many American companies are turning to developing industrial nations in establishing development opportunities, such as India and China, that are more cost-effective than those

D. many American companies are turning to developing industrial nations in establishing more cost-effective development opportunities, such as India and China, than those that could have been

E. many American companies are turning to developing industrial nations, such as India and China, to establish more cost-effective development opportunities than those. (Correcting all mistakes)

Answer is E