The Chinese Spring Festival has come to an end – and, searching for higher wages, record numbers of workers have quit their jobs, testing the famous stability of the eastern production line, according to this Wall St Journal article. Meanwhile, it turns out that western wages are now as high as those on the eastern seaboard, which means that companies such as Foxconn who have shifted production inland, are seeing little economic benefit – merely sufficient numbers of workers. An interesting case study of Foxconn’s move west and its labour force.
WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADEPLD: BEST PERFORMER AAPL: INDONESIA BAN AAPL: FALLINGMAERSK: ANOTHER HITHLAG: NOTHING CHANGEDZIM: MORE TROUBLE FOR THE SPECULATORS
WTC: LOOKING FOR DIRECTIONTSLA: SERIOUS STUFFF: STOP HEREDSV: BOUNCING BACK HD: NEW DELIVERY PARTNERSKNX: SOLID UPDATE PG: WORST CASE AVOIDEDKNX: KEEP ON TRUCKING GM: UPGRADEPLD: BEST PERFORMER AAPL: INDONESIA BAN AAPL: FALLINGMAERSK: ANOTHER HITHLAG: NOTHING CHANGEDZIM: MORE TROUBLE FOR THE SPECULATORS
By Ian Walker
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