I thought this was interesting.
Posted: June 1, 2010 12:20 pm
Meh, I'm probably the only one...but labor strife in China? I realize their standard of living is lower than ours but $130-220 a month?
Raise your hand if you could live on that much a week. I didn't realize the workers in china were permitted to organize and strike. I do wish the world news each night would report on more than the same top 3 stories every night and stuff the rest of the time with fluff.
Sorry the story is at this site I can't link directly to the story.
Sorry the story is at this site I can't link directly to the story.
Honda shuts China plants amid strike
CHENGDU, China -- China continues to experience labor problems at foreign firms.
The latest is Japan's Honda Motor Co., which last week suspended production at all four of its plants in China, according to reports. This is due to a strike at a Honda transmission factory in Foshan, Guangdong, which employs some 1,850 workers, according to reports.
The strike hit May 17. Workers at the plant want salary increases, according to reports. Workers earn 900-to-1,500 yuan ($130-to-$220) a month, according to FT.com. They are asking for 2,000-to-2,500 yuan a month, the report said.
The strike could impact Honda's expansion efforts in China. In March, Guangqi Honda Automobile Co. Ltd., a Honda automobile production joint venture in China, set plans to expand its annual production capacity from the current 360,000 units to 480,000 units to meet booming demand in China.
(edited to save space)
There are other labor issues in China. Hon Hai Precision Industry Co. Ltd., which trades as Foxconn and makes electronic products for high-profile brands such as Apple and Sony, is planning to raise the wages of its Chinese workers by about 20 percent, according to a Financial Times report.
The proposed pay rise comes after a series of suicides at Foxconn's enormous Longhua campus in Shenzhen, southern China, has called into question working practices there and brought the company under international scrutiny.