China’s Low Glass Ceiling Threatens Its Growth
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Oct. 2 (Bloomberg) -- How can it be that a company cleverenough to satisfy Apple Inc.’s famously stringent requirementscan’t figure out how to keep its workers from killing themselvesand hurting one another?
Last week’s riot at a Foxconn Technology Group factory innorthern China belies the myth that better pay and benefits areenough to mollify Chinese workers. Foxconn, which is Apple’sleading supplier, already pays above-market rates and has beenraising wages.