Skip to content
Subscriber Only
Opinion
Economics

China’s Low Glass Ceiling Threatens Its Growth

Oct. 2 (Bloomberg) -- How can it be that a company clever enough to satisfy Apple Inc.’s famously stringent requirements can’t figure out how to keep its workers from killing themselves and hurting one another?

Last week’s riot at a Foxconn Technology Group factory in northern China belies the myth that better pay and benefits are enough to mollify Chinese workers. Foxconn, which is Apple’s leading supplier, already pays above-market rates and has been raising wages.