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Yue Yuen loses almost 60 million in strike

After thousands of workers went on strike earlier this month at Yue Yuen in Dongguan, one of China's largest sports shoe manufacturers and supplier to international brands like Adidas, Puma, Asics and Nike, the company has now put a figure on strike costs: a whopping 58 million US dollars. And that may be a conservative estimate, which could...