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Foxconn plant shows labour eroding China edge

Bloomberg 

Standing on a street corner near Foxconn Technology Group's plant in central China that makes iPhone 5 handsets, employee Wang Ke says he'll quit if his wage doesn't double. "I don't have high expectations, I know I'm a migrant worker," said Wang, 22, who earned 1,600 yuan ($258) in December, after deductions for lodging. "But I want to make 3,500 yuan a month, net. That's a fair price." Wang's attitude springs from a labour-market squeeze across the country after China's pool of young workers shrank by almost 33 million in five years ...

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First Published: Sat, March 30 2013. 22:19 IST
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