Tuesday, November 30, 2010

Chinese workers flee expensive coastal regions for the interior.

The Pearl River Delta may be 900,000 short of workers, and the other coastal regions are similar. Increasing prices and stagnant wages are making it increasingly difficult for workers to remain on the coast and many are returning to the interior.

Significance: 1. Bottlenecks are developing in China’s state-controlled industrial sector. 2. Worker discontent is growing.

http://www.nytimes.com/2010/11/30/world/asia/30china.html

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