TROUBLE IN WORKERS' PARADISE: China is seeing a fresh upsurge in labor unrest as slowing demand for its exports in Europe and the U.S. hits manufacturers.
JOBS SHORT-CIRCUITED: Hundreds of laid-off factory workers gathered Friday outside the Shanghai factory of Hi-P International, a supplier to major consumer electronics companies like Motorola and HP. New York-based China Labor Watch said Hi-P was shifting some production to the nearby city of Suzhou and had not paid legally required compensation to laid-off workers.
GOVERNMENT RESPONSE: This week Beijing began reversing its two-year effort to cool the world's second-biggest economy as worries that slowdowns in factory production and overshadow longer-term efforts to tame inflation and temper China's excessive reliance on investment as a driver of growth.
lego man lego man cheryl hines john lackey john lackey ed lee ed lee
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.