labor - Multinationals voice opposition against labor law

Multinational companies in China have said they would leave the discussion on the upcoming new labor law and have say they would pull investments if the labor law would be enforced. The draft labor law should strengthen the position of the trade unions and end ongoing labor abuse in China's companies. According to the New York Times:

Whether the foreign corporations will follow through on their warnings is unclear because of the many advantages of being in China — even with restrictions and higher costs that may stem from the new law. It could go into effect as early as next May.

According to the New York Times China's legislators have been looking at European labor laws, like in France and Germany, making it for example harder to lay-off people. More about the debate on the law in China in the China Labour Bulletin. A copy of the draft law can be found here.

Update: More information, now from a labor group in the US, analyzing (and slashing) the strategy of multinational companies to oppose China's draft labor law. I also have a copy of Amcham Shanghai's extensive comment on the labor law, but could not find a link, so if you are interested in a copy, please mail me.