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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