Jamesb101.com

commentary on Politics and a little bit of everything else

China's workers strike and get higher pay……Higher prices coming for their goods?

[ Striking workers on Monday at Foshan Fengfu Autoparts, which supplies parts to Honda Motor’s joint-ventures in China.]

A sort of revolution in wages is starting in China…..

Honda Motors is settling one strike after another by increasing its Chinese workers pay…..

The trend seems to be spreading……

Another company Foxconn  a huge electronic manufacturing company has had employee deaths rise due to economic and life style problems…..

China ….

In the middle of a enormous economic boom is experiencing capitalistic symptoms…

Increase pay pressure…

Housing issues…

Health and welfare issues…..

The issues are beginning to leak out to the media……

As the Dog has written several months before China must be carefull to handle its economic growth…

Since it needs employment to keep its huge population content with its central controled political system….


Economists say that China’s labor force is growing increasingly bold and that over the past year, periodic strikes in southern China — some even involving global companies — have been resolved quietly or not reported in the media.

To resolve the strike at its transmission plant, Honda offered workers raises of 24 to 32 percent. The strike had forced Honda to shut down its assembly plants in China.

Now Honda, Japan’s second-largest automaker, after Toyota Motor, has been a target again. The exhaust-system factory, which is controlled by a joint venture between a Honda subsidiary and a Chinese company.

Honda owns a network of production facilities in China, including the four car assembly factories and three auto parts manufacturers, as well as two motorbike plants, two plants that make generators, pumps and other power equipment and three research centers.

Those numbers do not include factories opened in China by Honda subsidiaries like Yutaka Giken, which separately runs four auto parts manufacturers in the country.

Honda denied Tuesday that it was vulnerable to more strikes because it had already shown a willingness to increase wages to get employees back to its production lines. “It’s not at all clear at this point whether the two strikes are related,” said Ms. Asanuma, the Honda spokeswoman.

“It’s too early at this point to say whether we are looking at some kind of chain reaction.”

More….

Oh, Yea????

Advertisements

June 8, 2010 - Posted by | Automobiles, Blogs, Breaking News, Counterpoints, Food, Government, Health, Home, Media, PoliticalDog Calls, The Economy, Updates | , , , , , , , ,

3 Comments »

  1. TPL says pay increase often mean HIGHER tax bracket

    in the end you come out even or LOSE

    Comment by Timothy Leal | June 8, 2010 | Reply

  2. Thanks for the article…Like you said the early signs of growing pains…Puberty can be a muthafucka

    Comment by BenjaminDOG | June 8, 2010 | Reply

  3. No problem….

    Comment by jamesb101 | June 8, 2010 | Reply


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: