STRIKES NOT YET DETERRING AUTO INDUSTRY EXPANSION IN CHINA
June 1st, 2010
BY WANG FANGQING
THE RASH of strikes that have hit China's auto sector are certainly insufficient to persuade manufacturers to scale back their expansion plans, but the long term lessons are clear: China is no longer a bargain basement labor market of placid easily-pleased workers. And the situation will probably get tougher, especially for foreign companies.
China's labor costs have been continuously rising at a double-digit rates in recent years. For example, in Dongguan city, Guangdong province, one of China's largest production bases, the local monthly ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.