« Screwing Workers in Bankruptcy Ct. | Main | Guys Have It Tough... »

September 15, 2004

China Labor Shortage?

China may be in the midst of a mass migration to the cities, but according to an article about a new Chinese government report, at the same time China's export sector is suffering from a labor shortage.

Low pay and poor working conditions are among the chief reasons for China's puzzling shortage of migrant workers in parts of the southern and coastal manufacturing hubs, according to an official investigation warning that a minor shake-up in the 'factory of the world' could be on the cards...

"Some of these factories are in a bind. They will go into the red if they raise wages, but if they do not raise wages to ease the labour shortage, they cannot produce enough goods."

You have to wonder, at what point do the wheels fall off the system?

Posted by RT at September 15, 2004 01:36 PM