Embed code
Copy the embed code below and paste it into your blog or webpage.
| Follow live market commentary on Facebook. Click here |
Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern coastal China the world's factory floor.
A series of strikes over the past two months have been a rude wakeup call for the many foreign companies that depend on China's low costs to compete overseas, from makers of Christmas trees to manufacturers of gadgets like the iPad.
Where once low-tech factories and scant wages were welcomed in a China eager to escape isolation and poverty, workers are now demanding a bigger share of the profits.
Image: Workers in green uniform stage a sit-in protest at the main entrance of the Mitsumi Electric Co. factory in Tianjin, China on July 1, 2010.
Text and Images: AP
Also see: How Tatas plan to do a Nano with power