Honda strike in China ends with 47 percent pay hike

[NNN0LHI]

&cate_rss=news_Business

Associated Press
2010-07-22 06:35 PM

Striking workers at a factory in China that supplies Honda Motor Co. went back to work Thursday after agreeing to a 47 percent pay hike, an employee said.

The strike at the Atsumitec Co. factory in the southern city of Foshan in Guangdong province near Hong Kong came amid a wave of wage protests that have idled dozens of Chinese and foreign-owned factories.

Atsumitec's 200 employees went back to work Thursday afternoon after accepting a 500 yuan ($74) increase in monthly salaries that start at 1,070 yuan ($158), the employee said by phone from the factory office. He refused to give his name.

[sinkingfeeling]

1. In another decade, the auto workers in China will be making more than those here. Wonder

where they'll move the companies to next.

[Gold Metal Flake]

2. Good For Them!

Damn that was a good outcome, considering that some uppity Chinese get turned into half-skinned plasticized museum statues. That was a risky bit of business those folks negotiated. No doubt the will to earn a living wage will spread.

Oh, and I accidentally hit unrec. Could someone reverse it, please?

[Omar4Dems]

3. So, that means they now work for $1.47 an hour instead of $1.00

At first I was going to post that as a joke, but after doing the math it's not very funny anymore.

$74/month divided by 20 work days divided by 8 hours...equals $.4625 per hour. And that's assuming they're allowed to go home after 8 hours.

[Booster]

4. It's a huge win for them. You can't compare their cost of living

to ours. I'll bet $1.47 goes a lot farther there than it would here. Good for them.

[SocialistLez]

5. Good for them!! NT

[Hannah Bell]

6. so the workers in the chinese dictatorship use the strike weapon, but the workers in the US

democracy don't?

what's wrong with this picture?

[Gold Metal Flake]

7. Kick

[Tierra_y_Libertad]

8. "Workers of the world, Unite!" is, actually, a pretty good idea. K&R

[Gold Metal Flake]

10. It would help...

[Kaleva]

9. Some companies are already moving out of China

or relocating further into the interior of China were labor costs are much lower.