Thousands of workers in southern China went on strike in the last week to demand higher pay and better treatment, disrupting work at companies including one that supplies equipment to International Business Machines Corp.
Security teams wearing riot helmets and wielding plastic shields marched around a Foxconn Technology Group factory in northern China in a sign that tensions remain high after a fight between 2,000 workers halted production.
On a crushingly hot mid-August day at Foxconn Technology Group’s Longhua factory campus in Shenzhen -- where a dutiful army of 300,000 employees eats, sleeps, and churns out iPhones, Sony Corp. PlayStations, and Dell Inc. computers -- workers indulged in a rare moment of celebration.
Labor unrest in China spread to Toyota Motor Corp. last week, forcing the Japanese automaker to stop production even as strikers at a Honda Motor Co. supplier agreed to return to work with a promise of higher pay.
Strategists predict the yuan will be the worst performer of currencies in the biggest emerging markets over the next four months as sluggish exports curb appreciation, limiting appetite for Dim Sum bonds.
When Huang Fengxia and her co-workers at Honda Lock Co. (Guangdong)’s factory in Zhongshan, China, decided to strike on June 9 for higher wages, the last person they considered contacting was their labor union representative.