Despite labor unrest, plastics firms remain committed to China

09/24/2010

The rapidly rising wages in China and this summer’s wave of wildcat labor strikes prompted a lot of questions about the future of manufacturing in China.

There are clearly significant changes underway for manufacturers, with industries that are labor intensive and more polluting under intense pressure, and expectations of more union organizing at companies.

But for many plastics manufacturers thus far, the changes are emerging more as challenges to be managed, rather than the beginning of the end for China as a preferred manufacturing spot.

I think the media certainly jumped on this, especially back in Europe, basically saying manufacturing was doomed in China, especially in the Pearl River Delta,” said Alberto Vettoretti, the chairman of the European Union Chamber of Commerce...
Read more


www.k-online.com