Dock strike to set off global ripple effect
Several media outlets are covering the dock workers’ strike as it drags into a second week, underlining the huge implications the labour dispute has on international trade.
Hong Kong’s port is the world’s third busiest and is a trade hub for mainland China. For years the port was ranked the busiest for handling goods manufactured in the Pearl River Delta, but Shanghai and Shenzhen have overtaken Hong Kong, Al Jazeera reports.
The port is also regarded for its efficiency, which could change because of the walkout. Vessels are facing 60-hour delays, the New York Times reports.
Those delays will ripple across the global supply chain, adding to costs as ships are forced to reroute or to skip subsequent ports of call.
The article also points out that the strike is notable for having happened at all. Hong Kong’s port workers have rarely organised on such a large scale before.
In fact, it has led one news site to ask: Worker protests rock Hong Kong, are labour movements gaining power?
The strike involves 500 dock workers at Hongkong International Terminals (HIT). They walked out on March 28, demanding better work conditions and a 17 per cent pay rise - dockers say their wages have risen only once in 15 years.
More coverage of the dock workers' strike
- Hong Kong port may lose customers as strike causes delays Bloomberg Businessweek
- Workers continue protests at Li's Hong Kong port operator Bloomberg Businessweek
- Hong Kong strike clogs shipping traffic New York Times
- Hong Kong dock strike cripples world's third busiest port CNN
- Hong Kong port strike enters seventh day Al Jazeera
- Trouble in Hong Kong Port Strategy
- Strike at Hong Kong port drags on Wall Street Journal
- Pillow fighters take over Hong Kong BBC reports
- Hong Kong life through a photographer’s lens Michael Wolf speaks to the Wall Street Journal ahead of the release of his latest book project, Small God, Big City, depicting Taoist altars on the city’s streets.
- Lawyer tells of Aussie trader’s jail hell in Hong Kong Trent Martin, who has been accused of insider trading, spent three months in Hong Kong jails before he was extradited to New York, the Sydney Morning Herald reports. “The conditions of his incarceration were abysmal, to say the least," his lawyer said.
- Hong Kong MBA programme gained elite status fast HKUST’s business school ranks eighth globally and first in Asia in a survey, says the Wall Street Journal. Professor Stephen Nason says part of the goal was to create a “North American-style university within China, with China expertise”.
- Baby delivery business boom fading in Hong Kong CBC reports that restrictions against mainland mothers who flood across the border to Hong Kong to give birth have worked.
On Hong Kong’s side streets, buy, sell and haggle A profile of “shopper’s heaven”, by the Jakarta Globe.