Wage-Hikes Test Corporate Social Responsibility

Extensive attention have been attracted by series of events in China,from the spate of suicides by employees of Foxconn,to the strikes at the Guangdong province plant of Toyota,to pay increases now spreading across the country.These events,with key words being pay rise and improving working condition,indicated that the economic model of"Made in China"supported by cheap labor is now faced with real challenges after 30 years of robust growth.