Welcome to the world of free market capitalism, Mr Chairman!
Full story .. http://www.bloomberg.com/apps/news?p...xMc0PoBk&pos=5June 18 (Bloomberg) -- Workers at a Toyota Motor Corp. affiliate’s parts factory in China went on strike demanding higher pay, partially shutting the plant, while Honda Motor Co. tried to stop employees at a supplier from resuming a walkout.
This follows on from the Foxconn factory worker suicides and subsequent promised big pay rises. Methinks many more disruptions will hit China's manufacturing sector as more & more workers realise they are earning slave wages compared to Western workers. This is the tip of a very big iceberg!
In the end, this will not be good in coming years for the world's importers of Chinese products, as prices of Chinese goods will inevitably have to rise significantly to cover increasing wage costs.