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  • Implications of Yum and McDonald's Foreign Labor Policy [View article]
    Crossprofit.

    All fair points, and well laid out.

    Both Yum and McDonald's have been "cleared", and it only makes the point all the more clear. It is a matter of public perception, and in the case of McDonald's this recent controversy resulted in union talks being moved up.

    As you state, both governments are playing a role in this and it is unfortunate. Recently, the U.S. side has been on the offensive and the Chinese side has taken a few reactionary jabs. I think the ball is in the court of the U.S., and it is time that the U.S. begins addressing the issues before them (internally and externally)..

    With regard to the role that Corporate America has, I think that there are a number of things they can do to reduce the tensions, but few will do so. Few will give up cost savings, few will open their books, and few will go public and criticize poor policies.

    I wouldn't expect that any more than I would expect a politician to stand up and say that it would be more effective to lean on big box retail than on the RMB in trimming the trade gap.

    Rich
    allroadsleadtochina.co...
    Apr 11 08:21 am |Rating: 0 0
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