Is this the end of cheap Chinese Labour?

Honda workers in China, after being on strike for about two weeks, secured a 24% increase in salary. Chinese workers are increasingly aware of their collective power to affect changes in their own circumstances. Couple this with a growing realization of the discrimination against them as cheap labour and it's easy to imagine the end of cheap Chinese labour. I can't imagine a better scenerio for the North American Middle class, and for the Chinese. Not to mention that it will stem the flow of cheap, low quality manufactured goods. From google news:



Popular Posts