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Top related persons:
Aidan Chau - 2 Xu - 2 Marius Zaharia - 2 Yao - 1 Zhaopeng Xing - 1 ANZ's - 1 Unit's Xu Tianchen - 1 Zhaopin - 1
Top related locs:
China BEIJING Hong Kong Shanghai Beijing HONG KONG Hefei Suzhou
Top related orgs:
Workers - 2 China Labour Bulletin - 2 Thomson - 2 Communist Party - 1 Financial - 1 Economist - 1 Reuters Graphics Reuters - 1 Citi - 1

Search resuls for: "Aidan Chau"


4 mentions found


☆ White-collar wage cuts in China fuel deflation risks, hurt consumption
  + stars: | 2023-07-27 | by ( Ellen Zhang Marius Zaharia | Ellen Zhang | Marius Zaharia | ) www.reuters.com   time to read: +5 min
Financial firms and their regulators have cut salaries and bonuses after China's top graft-busting watchdog vowed to eliminate "Western-style hedonism" in the $57 trillion sector. "Wage cuts will intensify deflationary risks and reduce willingness to spend," said Zhaopeng Xing, ANZ's senior China strategist. Reuters GraphicsWEAK BARGAINING POWERUnilateral wage cuts are illegal in China, but complex salary structures offer ways around that. Shao, who sold make-up in the eastern city of Suzhou and only gave her surname for privacy reasons, had a choice to leave her company or accept a 50% wage cut. Their bargaining power ... is weakened so they tend to accept wage cuts," said Aidan Chau, researcher at Hong Kong-based rights group China Labour Bulletin.
Persons: Yao, Zhaopeng Xing, ANZ's, Unit's Xu Tianchen, Zhaopin, Shao, Aidan Chau, Xu, he's, Xiangrong Yu, Ellen Zhang, Marius Zaharia, Liangping Gao, Kripa Jayaram, Kim Coghill Organizations: Communist Party, Financial, Economist, Reuters, Workers, China Labour Bulletin, Reuters Graphics Reuters, Citi, Graphics, Thomson Locations: China, BEIJING, HONG KONG, Hefei, Suzhou, Hong Kong, Shanghai, Beijing
☆ Tumbling exports feed worker unrest in world's factory China
  + stars: | 2023-06-14 | by ( Laurie Chen | Thomson Reuters | Laurie Chen Is A China Correspondent At Reuters' Beijing Bureau | ) www.reuters.com   time to read: +5 min
Exports and factory output in the world's second-largest economy tumbled in May, as looming downturns force the United States and Europe to pare back orders for goods made in China. Some factories closed or are struggling to pay wages or severance for laid-off workers as a result, according to Chinese labour researchers. "We believe that the drop in manufacturing orders and that factory closures will continue," said Aidan Chau, researcher at Hong Kong-based rights group China Labour Bulletin (CLB). Labour unions were central to the Communist Party's proletariat beginnings but play only a marginal role in modern authoritarian China. However, some analysts say factory strikes could become a political headache for the Party.
Persons: pare, Aidan Chau, CLB, Dian, Xin Dian, Zhong Min, Xu Tianchen, Xu, Laurie Chen, Nicoco Chan, Marius Zaharia, Sam Holmes Organizations: China Labour Bulletin, Min, Goods Shenzhen Ltd . Co, Dian Cable Ltd . Co, Reuters, China's Ministry of Public Security, Ministry of Human Resources, Shenzhen, China Federation of Trade Unions, Manufacturers, Workers, Security, Labour, Party, Economist Intelligence Unit, Thomson Locations: BEIJING, United States, Europe, China, Hong Kong, Guangdong province, Shenzhen, Communist, Beijing, Shanghai
☆ Angry Tesla Shanghai workers vent to Elon Musk over bonus cuts
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +5 min
[1/3] Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. The situation marks a rare outburst of discontent at Tesla's Shanghai plant, whose workers Musk praised last year for burning "the 3 a.m. oil" to keep operations running during the city's two-month COVID lockdown. Some took to Twitter, owned by Musk and blocked in China, to tweet to the billionaire, his mother Maye Musk, and Tesla. "Please pay attention to the performance (bonus) of frontline workers at Tesla's Shanghai factory being arbitrarily deducted," said a person with the handle @AFeiywu on Twitter in a tweet directed at Elon Musk and Tesla's Asia unit. She recently completed a two-week tour in the country during which she visited the Shanghai factory and promoted her memoir.
☆ Tesla workers criticized Elon Musk online, and some people even complained to his mom, after performance bonuses were cut at its Shanghai factory
  + stars: | 2023-04-17 | by ( Pete Syme | ) www.businessinsider.com   time to read: +2 min
Workers at Tesla's Shanghai Gigafactory were told about bonus cuts over the weekend, per Reuters. Some Tesla workers at the company's biggest factory are complaining to Elon Musk and his mom on social media, after bonuses were cut following a fatal accident, Reuters reported. "Please pay attention to the performance of frontline workers at Tesla's Shanghai factory being arbitrarily deducted," one account tweeted. Two factory workers told Reuters that supervisors mentioned a "safety incident" when asked why their quarterly performance bonuses had been cut. "Deducting the performance bonus, which should be related to workers' output and has nothing to do with work safety, is even more unfair," he said.
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