BEIJING—A wave of strikes and worker protests in China’s southern export belt is a fresh sign that slowing growth and rising wages have started to pinch the labor market on the world’s factory floor.
China Labour Bulletin, a Hong Kong-based labor group, has recorded 201 cases of labor disputes, including strikes, in the first four months of the year in China, almost double the number of cases in the same period last year. In the export hub of Shenzhen alone, 17 cases have been recorded.
China’s factories, which have been key components in its export-driven growth of the past decade, are under pressure from rising wages, sluggish demand at home and abroad as well as a stronger yuan. Some are shutting their doors or moving deeper into China’s interior, or in some cases to other countries, to hold down costs, often with little compensation for workers.
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Liyan Qi, The Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/I1ja08ljOY4/
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