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Sanity -> Third day of Shanghai strike threatens China exports (4/22/2011 9:15:03 PM)
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I thought this article was interesting, especially the apparent fear on the part of the Chinese government that this could grow into a full blown revolution. I often wonder if such a revolution isnt in the cards for China sometime in the not too distant future quote:
Third day of Shanghai strike threatens China exports SHANGHAI (Reuters) – Striking truck drivers protested for a third day on Friday in Shanghai's main harbor district amid heavy police presence and signs the action has already started to curb exports from the world's busiest container port. The strike is a very public demonstration of anger over rising consumer prices and fuel price increases in China. It comes as the government struggles to contain higher inflation, which hit 5.4 percent in March, fearful that rising prices could fuel protests like those that have rocked the Middle East. A crowd of up to 600 people milled about outside an office of a logistics company near the Baoshan Port, one of the city's ports. Some threw rocks at trucks whose drivers had not joined in the strikes, breaking the windows of at least one truck. The strikers, many of them independent contractors who carry goods to and from the port, stopped work on Wednesday demanding the government do something about high fuel costs and what some called high fees charged by logistics firms, said the drivers, who clashed with police on Thursday. China is especially wary about threats to social stability following online calls for Middle East-inspired "Jasmine Revolution" protests and has detained dozens of dissidents, including renowned artist Ai Weiwei. Full article at http://news.yahoo.com/s/nm/20110422/bs_nm/us_china_strike
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