The Belt and Road Bad Debt Can’t Be Cleaned Up, Tea Pickers Strike in Bangladesh – Free Finance

Tea pickers strike in Bangladesh. (Picture taken from Weibo)

[Financial Channel/Comprehensive Report]The economic situation of the South Asian countries along the Belt and Road is in turmoil. After Sri Lanka and Pakistan, Bangladesh also turned to the IMF for a loan of 4.5 billion US dollars, but the economic crisis might not be stopped. 150% of the salary, and the daily salary of only US$1.2 (regarding NT$36) was raised to US$3 (regarding NT$90). The strike action has been going on for a week, and there is no sign of relief so far.

Nikkei AsiareportInflation soared to 7.56% in June, the highest level in eight years, according to Bangladesh’s Bureau of Statistics. Fuel prices soared once more in early August, further exacerbating consumer pressure, leaving low-wage tea-pickers miserable.

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In order to fight for a salary increase, the 150,000 workers employed in more than 160 tea gardens asked for a daily wage increase from $1.2 to $3. Originally, the tea garden owner only agreed to raise the wage to $1.4, but the tea-pickers disagreed. An indefinite general strike was launched on August 13.

A tea-picking worker said that the money he earns now can barely cover the three meals, and he can’t afford other necessities at all, and he can’t even afford coarse grains.

The Bangladesh Nationalist Party (BNP) also came out in solidarity, urging tea plantation owners to accept workers’ demands for higher wages to help workers escape hunger, poverty and misery.

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