FT: Foxconn grapples with wave of worker suicides

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[ericssson]

those two face taiwanese mother fuckers, If you gonna make people work a ridicules amount of over time, it as to be by choice and you have to pay them 1 1/2 for the fist 2 hours and double pay for the last 2 hours for 4 hours of Over time

fuck Foxconn your time will come

[Catskywatcher113005]

Almost everything is made in China. I feel I should check my dog for the famous "Made In China" Print. Its a Pug...

[mochalex]

@thedarksidehaunt360 I'll help you pack.

[thedarksidehaunt360]

hey $264 and a place to live sounds good to me

[trugangsta4real]

@remy3315 Plenty of Syrians are dying. That's sometimes what it takes to change things. The Chinese need to grow a pair.

[remy3315]

@trugangsta4real Because they will die if they do protest or speak out.

[TheZoonib]

@trugangsta4real It is also illegal to talk to co workers.

[TheZoonib]

@trugangsta4real China is the place that has a 10 year prison sentence for trying to start a union and executes people and charges the cost to the family. It would take hundreds of thousands of workers to make a difference and a small difference.

[trugangsta4real]

China needs to say "We're mad as hell, and we're not gunna take it anymore." Why can't China be like Syria or Cairo or Libya??

[mootant]

You also have to remember that manufacturing companies started going deeper into countryside to get cheaper workers. Some factories are built around medium sized villages. Foxconn might move out of China to Malaysia/Africa/whatever to get lower wages and there's nothing wrong with that.

[mootant]

In last year there was something relatively big - ruling party let yuan appreciate a bit. If they were to let it float freely/sell US bonds that have by trillions of USD or anything of that kind Chinese could become 2-3x rich within a day. :)

I repeat again: with floating currency things balance itself. For some idiotic reason Chinese have leaders that don't want individuals (and nation as a whole) to get rich as consumer. It's not related to unions or specific company.

[mootant]

I'm not talking about Foxconn alone. There are lot more companies. Ask any importer of Chinese goods, some of them are really small importers and they write blogs/write on forums.

Normally, if a country were to export so much its currency would appreciate. But ruling party doesn't like that for some stupid reason. Money that Chinese spent on manufacturing goods for US would be invested and/or consumed in China. Chinese worker could buy more goods and get paid more in real terms.