In July, Chinese workers murdered beat an executive to death in 
protesting an immanent privatization of their steel mill.

Canaves, Sky and James T. Areddy. 2009. "Murder Bares Worker Anger Over 
China Industrial Reform." Wall Street Journal (3 August): p. A 1.
http://www.ft.com/cms/s/0/05700b18-79d1-11de-b86f-00144feabdc0.html?nclick_check=1


The state responded by halting the sale.

McGregor, Richard. 2009. "Killing of China Steel Plant Boss Halts Sale." 
Financial Times (26 July).
http://www.ft.com/cms/s/0/05700b18-79d1-11de-b86f-00144feabdc0.html?nclick_check=1

Now the money is being returned to the intended privatizer

http://www.nytimes.com/2009/08/17/business/global/17yuan.html?ref=world

read more at:

http://michaelperelman.wordpress.com/2009/08/17/china-vs-the-us-class-warfare/

-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com


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