{"id":75359,"date":"2010-05-29T22:33:02","date_gmt":"2010-05-30T05:33:02","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=75359"},"modified":"2010-05-30T10:16:59","modified_gmt":"2010-05-30T17:16:59","slug":"unrest-may-signal-new-phase-in-china-economy","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2010\/05\/unrest-may-signal-new-phase-in-china-economy\/","title":{"rendered":"Unrest May Signal New Phase in China Economy"},"content":{"rendered":"<p><a href=\"http:\/\/www.nytimes.com\/2010\/05\/30\/business\/global\/30strike.html?partner=rssnyt&#038;emc=rss\"><strong>The New York Times looks <\/strong><\/a>at the economic implications of the <a href=\"http:\/\/chinadigitaltimes.net\/2010\/05\/honda-strike-becomes-a-rallying-point-in-china\/\">strike at the Honda factory<\/a> in China:<\/p>\n<blockquote><p>\nRapidly rising industrial wages are beginning to allow China\u2019s workers to share in their country\u2019s rising prosperity. The question is whether these gains can be maintained and even increased without disrupting supply lines to companies around the world, and without discouraging much future investment by Chinese and global companies alike.<\/p>\n<p>The biggest eye-opener for multinationals in China recently has been a nine-day-old strike at a sprawling Honda transmission factory here in Foshan, about 100 miles northwest of Hong Kong.<\/p>\n<p>The strike, which has forced Honda to suspend production at all four of its joint venture assembly plants in China, has shown that Chinese authorities are willing to tolerate work stoppages at least temporarily, even at high-tech operations on which many other factories depend.<\/p>\n<p>Chinese policy makers are trying to let wages rise to create the foundations of an economy driven by domestic demand, without derailing the export machine that has produced the world\u2019s strongest economic growth over the last three decades. <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The New York Times looks at the economic implications of the strike at the Honda factory in China: Rapidly rising industrial wages are beginning to allow China\u2019s workers to share in their country\u2019s rising prosperity. The question is whether these gains can be maintained and even increased without disrupting supply lines to companies around the [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[116,2],"tags":[5213,481,2829],"class_list":["post-75359","post","type-post","status-publish","format-standard","hentry","category-world","category-economy","tag-honda","tag-strikes","tag-wages","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Unrest May Signal New Phase in China Economy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2010\/05\/unrest-may-signal-new-phase-in-china-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unrest May Signal New Phase in China Economy\" \/>\n<meta property=\"og:description\" content=\"The New York Times looks at the economic implications of the strike at the Honda factory in China: Rapidly rising industrial wages are beginning to allow China\u2019s workers to share in their country\u2019s rising prosperity. The question is whether these gains can be maintained and even increased without disrupting supply lines to companies around the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/chinadigitaltimes.net\/2010\/05\/unrest-may-signal-new-phase-in-china-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"China Digital Times (CDT)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ChinaDigitalTimes\" \/>\n<meta property=\"article:published_time\" content=\"2010-05-30T05:33:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2010-05-30T17:16:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"186\" \/>\n\t<meta property=\"og:image:height\" content=\"177\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sophie Beach\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cdt\" \/>\n<meta name=\"twitter:site\" content=\"@cdt\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sophie Beach\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/chinadigitaltimes.net\/2010\/05\/unrest-may-signal-new-phase-in-china-economy\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2010\/05\/unrest-may-signal-new-phase-in-china-economy\/\"},\"author\":{\"name\":\"Sophie Beach\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#\/schema\/person\/7f19e31b674d57a7dc20aab8e908c663\"},\"headline\":\"Unrest May Signal New Phase in China Economy\",\"datePublished\":\"2010-05-30T05:33:02+00:00\",\"dateModified\":\"2010-05-30T17:16:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2010\/05\/unrest-may-signal-new-phase-in-china-economy\/\"},\"wordCount\":189,\"publisher\":{\"@id\":\"https:\/\/chinadigitaltimes.net\/#organization\"},\"keywords\":[\"Honda\",\"strikes\",\"wages\"],\"articleSection\":[\"China &amp; 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