. Earth Science News .




.
TRADE WARS
China hikes pay amid labour shortages, unrest
by Staff Writers
Shanghai (AFP) Jan 5, 2012


China is raising minimum wages in some key cities and provinces as local officials try to combat labour shortages and growing worker unrest.

The southern city of Shenzhen, a major manufacturing centre on the border with Hong Kong, will raise its minimum wage by nearly 14 percent to 1,500 yuan ($238) from February, according to a local government statement.

Authorities in the capital Beijing raised wages by almost 9 percent to 1,260 yuan from January 1, while the southwest province of Sichuan also hiked wages by at least 23 percent, the official Xinhua news agency said.

"The government policy is based upon changes in the market," said Stephen Green, head of Greater China research at Standard Chartered Bank in Hong Kong.

"China's labour market has witnessed a huge change in the past three to five years. Lack of labour is quite common now," he told AFP.

Shenzhen already has the highest minimum wage in the country, but manufacturing hubs typically face a labour shortage after the Chinese Lunar New Year since many workers do not return after going home for the holiday.

Zeng Xiangjin, who manages a textile firm in Shenzhen, said he typically loses up to 30 percent of his workers after the holiday, which falls in January this year, and he will need to raise salaries to retain others.

"The workers leave for a variety of reasons, including better salaries in other cities. This year, I will definitely need to raise salaries another ten percent or even more," Zeng told AFP on Thursday.

The moves follow a series of strikes across China since November, as workers protest low salaries, wage cuts and poor conditions amid company cutbacks due to the global economic slowdown.

Persistently high inflation -- which peaked at a three-year-high of 6.5 percent in July last year but has since retreated -- has also cut into people's spending power.

In the latest strike, some 2,000 steel workers in Sichuan's provincial capital of Chengdu walked off the job Wednesday to protest low salaries, according to the US-based rights group China Labor Watch.

Workers at the Chengdu Steel Co blocked traffic and were dispersed by police with pepper spray, it said.

Related Links
Global Trade News




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TRADE WARS
China's trade surplus shrinks in 2011
Shanghai (AFP) Jan 5, 2012
China's trade surplus narrowed 12.6 percent to around $160 billion in 2011, the commerce minister said Thursday, as the world's number two economy was hit by weaker demand from key export markets. The drop from a 2010 trade surplus of $183 billion came after a year of economic turmoil that has seen a rebound in the United States and Europe slow down sharply. Commerce Minister Chen Deming ... read more


TRADE WARS
Haiti commission recommends restoring army

16 dead in China as bus slides off bridge

Need for action on health in the aftermath of war

Japan's nuclear safety panel received donations: report

TRADE WARS
Graphene offers protection from intense laser pulses

New materials remove CO2 from smokestacks, tailpipes and even the air

Ultra-thin laptops set to dazzle CES gadget fair

'Ultrabooks' to highlight CES 2012 show

TRADE WARS
World-first hybrid shark found off Australia

Taiwanese seas threatened by overfishing

Italian fisherman recovers lost boat after 700-km journey

Japan indicts Chinese skipper for illegal fishing

TRADE WARS
China plans Tibetan plateau exploration

'Lost world' discovered around Antarctic vents

Lockheed Martin Wins Major US Antarctic Program Support Contract

Glacial tap is open but the water will run dry

TRADE WARS
Don't put all your eggs in one basket

New China food safety scandal widens to oil, peanuts

Latest China food safety scandal widens to oil

Toxin found in Chinese milk

TRADE WARS
India repairs damage after cyclone kills 42

Death toll mounts in Brazil floods

Powerful quake rocks Tokyo region on New Year's Day

42 people die in south India cyclone: report

TRADE WARS
Fears Nigerian emergency decree will lead to military abuses

Coup scare points to power struggle in G.Bissau

25 held over Bissau 'coup plot', weapons cache seized

Guinea Bissau says coup-plotter executed

TRADE WARS
Brain's Connective Cells Are Much More Than Glue

Commentary: Youth bulge

Spectacular fireworks ring in New Year

How to break Murphy's Law And Live To Tell The Tale


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement