Just a blurb, but worth watching.
y 28, 2010 - 6:43am Multinationals are watching warily as strikes in China force Honda [[HMC) to shut its plants there until they're resolved, the New York Times reports. The paper says it's only the latest sign of labor unrest, as workers’ expectations outstrip wage increases. The country has become a major link in the global supply chain, with its low production costs and reliable lack of strikes, but times are changing. Labor shortages mean workers can demand more money and a better workplace, and they’re willing to strike to get it. There’s also no good alternative supplier for multinationals. India’s ports and highways can’t handle high volumes of material, for example, and other possible locations lack the infrastructure and population. A Honda spokesperson says negotiations are ongoing and “It’s not over yet.”
http://www.thebigmoney.com/features/...e-money-pronto
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