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Labour Strike

 

From Reuters comes a commentary on the effects of the Chinese Labour strikes on various parts of the global economy.

In April & May, we saw suicides by several workers over wages, at FoxConn, manufacturer of the Apple iPhone, Dell & Hewlett-Packard computers amongst other electronics equipment.

This was followed up in late May & June, with strikes at Japanese auto manufacturers in China such as: Honda, Toyota, and Nissan, amongst others.