Ay-Pee. Rest at link.
Global manufacturers struggling with life-or-death pressures to control costs are finding that the legions of low-wage Chinese workers they rely on have limits.
A strike at Honda Motor Co. and the official response to a spate of suicides at Foxconn Technology, a maker of electronics for industry giants such as Apple, Dell and Hewlett-Packard, suggests China's leaders are at least tacitly allowing workers to talk back.
Seems to me that low-cost Chinese labor has been holding inflation in check. This force may diminish substantially if this catches on. |
Walmart just announced a general lowering of prices. But they seem to be sourcing well beyond China these days... |
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