Christmas profits of China toy maker slumps – Benjamin Morgan

From The Star:

For years, China’s thousands of toy factories and busy workers have dominated much ofthe global toy industry but now rising costs and faltering sales have left managers crying over miserly profits.

With four out of every five toys going to the European Union last year made in China, business should be booming in the toy capital of the world ” China’s Guangdong province ” but that has not been the case.

December 24, 2005 2:51 PM
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Categories: China & the World