>> New thinking, new possibilities. It's the slogan greeting workers filing into this Hyundai plant on the outskirts of Beijing. But for many staff there it couldn't be further from the truth. They're the latest victims of China's political spat with South Korea. And they're losing shifts while stubborn leaders squabble over Seoul's roll out of the Thad anti missile system.
Which Beijing bitterly opposes. The Hyundai sales have tumbled 60% as China cracks down on Korean firms. And some workers say they are now only working a few days a month. As Reuters, Adam Jordan, reports that’s causing a significant ripple effect.>> Obviously there’s a knock on effect on their suppliers, on their partners, on the workers who work for these companies.
This is a huge industrial complex up in the Northeast of Beijing for Hyundai. They have around three plants there, they've got a fourth plant in China, and there were plans for a fifth plant. So we're talking about thousands of workers who are going to be affected.>> In the wider village where many Hyundai workers live while they're on rotation, demand for housing is almost non-existent.
And small businesses have no one to serve.>> The image that you get of what's happening around the plant is that, there is that massive knock on effect, this ripple that goes through this local micro economy. Whether that's in terms of people buying groceries, whether that's people going to the local restaurants, whether that's people renting, or staying in houses, and the house prices in the local area.
>> The diplomatic standoff is also stifling areas around other Hyundai factories in China. And with every Pyong Yang missile launch, an even longer shadow is cast over the future of workers caught up in a fight they have nothing to do with.