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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (64694)7/11/2010 12:06:15 PM
From: elmatador  Read Replies (2) | Respond to of 219792
 
China will do what Germany did: moved to where the workers are cheaper.

Germany workers in the Ruhr Valley and Berlin got too powerfull.

Germany moved their modern industry to Bavaria and Baden-Wurttenberg.

Those (then) rural areas welcome them since they had no jobs nor industry.

Thus southern Germany boomed with electro-electronics industry and the Ruhr valley became the smokestack past.

China will move those factories near where the cheaper worklers are.
Watch it.



To: Crimson Ghost who wrote (64694)4/30/2011 3:02:37 AM
From: elmatador  Respond to of 219792
 
Last year, auto workers in southern Guangdong province warned the world not to take cheap Chinese labour for granted when they successfully agitated for higher wages in a series of industrial actions.

Last week, Shanghai truckers reinforced that message with a strike of their own.

The Chinese government is wary of workers who possess the wherewithal to organise industrial action outside the auspices of the only sanctioned union, the All China Federation

...

As for the truckers’ concern about the rising price of diesel, increasing China’s already generous fuel subsidy would be too costly and humiliating a concession for such a localised disturbance.

blogs.ft.com