30,000 Chinese Factory Workers Strike Against Maker of Nike Sneakers
Thirty thousand Chinese workers have been on strike for two weeks against the world's largest maker of athletic shoes. They make sneakers for companies that you know of, of course, like Nike and Adidas. And workers have shut down production. And the company Yue Yuen's stock price has sharply declined. The workers allege the company has failed to adequately fund social security pensions and contribute to housing funds.
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