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Electronics Firm Raises Wages After Suicides in China

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"Foxconn Technology Group, which makes both Apple and Hewlett-Packard products in China, has announced an impressive wage-raise for its factory workers in the wake of a troubling rash of suicides. For those unfamiliar with the situation, the story of worker welfare at a single company in China might seem slightly arcane. The raise, though, is both an enormous one for the individuals affected, and a move towards higher labor costs in China, with potentially large effects for both China and the countries receiving its exports. "
SOURCE:   the Atlantic

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