I mentioned in class that I was not much of a China watcher. I just ran across a news article about China, and here is a little bit that would seem relevant to thinking about the logic and its implications in China:
"Manufacturing costs have risen rapidly here in response to nagging labor shortages and worker demands for higher wages to help offset soaring food and property prices.Does "labor strikes" mean there are unions?
Those pressures were evident a few months ago, when a series of big labor strikes in southern China disrupted several Japanese auto factories and resulted in hefty pay raises."
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