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The Future of Chinese Manufacturing - Employment and Labour Challenges (Hardcover)
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The Future of Chinese Manufacturing - Employment and Labour Challenges (Hardcover)
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The Future of Chinese Manufacturing: Employment and Labour
Challenges gives context and analysis on employment and labor
issues in contemporary China, specifically relating to
manufacturing industries. With one fifth of the world's workforce,
China has taken advantage of its cheap labor to serve as the
world's factory, achieving stunning growth for two decades. This
book covers the appreciation of RMB, constant increases in minimum
wage, shortages of skilled workers in China's labor-intensive
manufacturing sector, and the fact that many large multinational
corporations (MNCs) must cut costs, and are thus shifting their
main production bases to other developing countries. Under such a
tough situation, and coupled with the global economic slowdown,
manufacturing employment in China confronts severe labor-related
challenges, such as high turnover rates, recruitment difficulties
for workers, and a series of high profile labor strikes and
publicity concerning working conditions.
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