Article: China: IBM and Volvo plan to set up trade unions in China.

Byline: sujit03

Software giant IBM and Swedish automaker Volvo are among the latest batch of Fortune 500 companies doing business in China that plan to set up trade unions in the country, a senior union official said on Friday.

Yang Honglin, head of the grassroots organizations and capacity building department of the All-China Federation of Trade Unions, said at a press conference: "Fortune Global 500 firms have been our focus in the formation of trade unions among foreign-funded enterprises."

Less than half of the Fortune 500 subsidiaries in China have established trade unions, compared with more than 73 percent for all foreign-funded firms in ...

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