Word: state-run
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INDIA Strike Force Around 10 million workers, mainly from 220 or so state-run companies, went on strike to protest new labor laws, closing ports, steel plants and banks. Trade unionists denounced the laws, which will make it easier to sack staff and speed up the privatization process, as "anti-worker" and warned that they will step up protests...
...government support that many other nations' multinationals can count on. The Chinese, French, Israeli and Japanese intelligence services are especially noted for gathering and sharing information useful to their country's firms. Last year two Chinese scientists working for LUCENT were arrested on charges of passing information to a state-run Beijing company seeking to become the CISCO of China. The scientists and a third alleged co-conspirator are still awaiting trial. U.S. intelligence has tipped off American businesses when it has learned their competitors have not been playing by the rules--for example, in cases in which bribery threatened...
...that slaughter were workers on the avenues around Tiananmen; in the crackdown that followed, only workers faced execution. Students received jail terms.) These days, those who challenge China's single, official labor union still face harsh penalties. Cao Maobing, for example, tried to set up a union at his state-run silk mill in eastern China's Jiangsu province two years ago. Local officials apparently decided that was a lunatic idea: Cao was involuntarily committed to an insane asylum for six months and abandoned organizing...
...their factories. More workers are traveling the country, making contacts, liaising. "There's a level of organizing between factories that we haven't seen before," says Li Qiang of the New York City-based China Labor Watch, himself a former Sichuan construction worker. A recent report by the state-run Chinese Academy of Social Sciences frets that labor disputes "are growing larger in scale with extremist actions, bringing about a bigger negative impact on social stability." In 1999, the last year for which Beijing issued labor-dispute statistics, the government recorded more than 120,000 "incidents," a 29% increase over...
...progress so far. But bureaucrats at the Finance Ministry are still reluctant to let big companies go bust (although the collapse of the Hyundai group and Daewoo show you can't be too big to fail anymore). The government also must push ahead with the sale of state-run banks and corporations. An ongoing strike over the privatization of the Korea Electric Power Co. shows how tough that will be, especially with local elections in June and a presidential vote at the end of the year...