24 Nov '11, 11pm

I dislike the global economic system and lack of control over the free market. Here is another story to back up...

Factories are cutting the overtime that workers depend on to supplement their modest base salaries, after a drop in overseas orders. According to CLB, the average basic wage for electronic workers is about RMB1,500 ($236) a month, but rises to RMB2,500 with overtime. “Their basic wage is never enough on its own without overtime,” Mr Crothall said. http://www.cnbc.com//id/45422953 My comment: The cost of living should be in line with wages. It is risky to ask a worker to depend on overtime work (which depends on global growth) to earn enough to pay the bills. If the cost of living is kept within control, this type of risky situation should not arise. The greed of the rich is pushing up the cost of living - and this is happening all over the world!

Full article: http://tankinlian.blogspot.com/2011/11/labor-unrest-in-ch...

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