"Honda’s labor troubles growing in China" by David Barboza, New York Times | June 10, 2010
SHANGHAI — For a third consecutive day, Honda Motor Co. found itself confronting a growing labor problem in China yesterday, as workers struck at least two auto parts suppliers and two of its car assembly plants shut down....
The actions were taken days after Honda resolved a two-week strike at a transmission plant in southern China by offering 1,900 workers there raises of 24 percent to 32 percent.
But the success of that walkout, which ended a week ago, seems to have prompted additional strikes at a time when workers in China are awakening to the idea of collective bargaining and demanding higher wages.
How odd that YOU are LOSING IT, America!
Related: Running to Indonesia
And it is called PROGRESS over here!!!
Beijing has made no official statements, but some analysts say they think the central government is quietly accepting the need for some change to its low-cost manufacturing model, hoping perhaps that raises will help stimulate domestic consumption and ease a growing income gap between the rich and the poor.
How SAD that the CHINESE GOVERNMENT cares MORE ABOUT THEIR PEOPLE than YOUR GOVERNMENT CARES about YOU, America!!
The Chinese government has also encouraged local governments to raise minimum wage standards and called on firms to treat workers with more dignity.
Until now, the government has discouraged strikes and censored reports about labor unrest, apparently out of fear that the reports could fuel other strikes and lead to social unrest.
Oh, you mean the SAME THING AmeriKa's newspapers do here (unless you are an agenda-pushing gay, global warmer, or illegal)?!
Many economists say that Chinese workers are gaining clout and that the country’s low-cost manufacturing model is facing new strains.
Some economists disagree....
Why did the NYT take out the BUT that is in my printed paper?
Last I heard of the strikes.
If it were a Chinese paper it would be censorship wouldn't it, MSM?
"China censors hurt trade, Google says" by Associated Press | June 10, 2010
BRUSSELS — The European Union persistently raises human rights issues with China, usually without much success.
Why should they pay attention to invading war criminals and torturers?
Indeed, a Chinese state multibillion-dollar buying spree in Europe last year pointedly shunned France after its president, Nicolas Sarkozy, threatened to boycott the opening of the Beijing Olympics because of unrest in Tibet....
Sounds like they are really hurting, MSM.
And WHO is actually BENEFITING from the LOW-WAGE SLAVERY?
"Foxconn wage hikes will be passed on" by Associated Press | June 10, 2010
HONG KONG — Foxconn Technology Group says its customers, including Apple Inc. and Dell Inc., will have to pay more after it increased wages in China by nearly two-thirds following a spate of suicides.
Oh, AMERICAN COMPUTER COMPANIES, huh?
Yup, DRIVING THEIR CHINESE WORKERS to DEATH!!
Why aren't they located in AMERICA, anyway?
The news from Taiwan-based Foxconn came at an annual meeting in Hong Kong, where protesters accused the company and Apple of poor corporate ethics. The 30 demonstrators held signs saying, “Workers are not machines....’’
Treated as the same as a soldier.
And now this PoS crap from the CIA:
"China stimulus plan adds infrastructure it might not need" by Keith B. Richburg, Washington Post | June 20, 2010
Related: China's Stimulus Succeeds
And now they are telling us it was a failure?
BEIJING — Cities constructed in the middle of nowhere.
With an AmeriKan bridge to boot?
China is building tens of thousands of miles of expressways at a pace unseen since the US interstate boom in the 1950s, and it is on track to pass the United States in total highways in the next decade.
This as OUR ROADS and BRIDGES CRUMBLE!!
Too bad YOUR GOVERNMENT WASTED all YOUR TAX LOOT on WARS, BANKS, CORPORATIONS, and ISRAEL, AmeriKa!!
Related:
"Last year, China invested about $34 billion in solar panels, wind turbines, and other alternative energy technologies, nearly twice as much as the United States, where spending fell sharply"
OOPS AGAIN, 'murka!!
Among other infrastructure projects — which now amount to 15 percent of China’s gross domestic product — are nearly 100 new airports, some serving isolated cities few outsiders have heard of, and dozens of subways.
Good thing American politicians never fund stuff like that, huh, Amurka?
Related: A Stimulooting Success Story
They build airports; you get body scans, America.
“They basically got started about three months earlier than we did, and it was bigger,’’ said Nicholas R. Lardy, an analyst on the Chinese economy with the Peterson Institute for International Economics.
Actually, NO it WAS NOT!
Their was $586 billion; our was a wasted $787 -- and we STILL LOST JOBS the WHOLE TIME!
Now a year and a half into the spending spree, and with the stimulus set to end in just six months, many economists and others here are asking pointed questions: Does China really need all this infrastructure? And what will happen when the bills come due?
What will happen when a PoS press pot hollers kettle, America!?!
“In China, we have an old saying: ‘If it’s medicine, it will have some poison inside,’ ’’ said Guo Tianyong, research director for the Central University of Finance and Economics. “So the stimulus must have some bad effects.’’
“You see little counties building airports — how many people will fly there?’’ Guo said. “Small cities — why do they need a subway? Maybe there’s no market for all this infrastructure.’’
Does NOT SEEM TO MATTER up on Capitol Hill!!!
Several economists said it was difficult to determine the worth of the spending because there is no official centralized list of projects, making it difficult to untangle whether projects are funded from stimulus loans, from local governments floating bonds, or from some combination.
“It’s a black box financed by black laws,’’ said Xu Xiaonian, an economics professor with the China Europe International Business School. “There’s not enough information to make any sensible judgment.’’
But enough is known for economists to point to a crucial difference between the Chinese and US stimulus plans.
In the United States, the $787 billion stimulus was financed by the federal government running large deficits.
In other words, BORROWING from PRIVATE BANKS via the FED with ALL the INTEREST PAYMENTS due them!
In China, where the size of the stimulus as a percentage of the economy is several times that of the US package, most of the spending came from state-run banks making loans to local government entities....
In other words, the CHINESE LENT THEMSELVES THEIR OWN MONEY -- unlike you, sucker Americans!!!
You GAVE it to BANKS and FAVORED INTERESTS that STOLE IT from you!!
Where are the JOBS?
Yeah, that's where they went.
Related: US raps China business policy
Obama welcomes more flexible rate
Talk about mixed messages.
