China Digital Times

Maker of Recalled Toys Killed Himself - Southern Metro Daily

Chinese are also dying from . This time the boss. Translated from Southern Metro Daily:

A phone call went to a reporter and the other end of the line said the boss of Foshan Lida (利达玩具), whose nearly 1 million exported to US were recalled, killed himself at his own plant at Nanhai (南海平洲), near Guangzhou. Zhang Shuhong (张树鸿), the Hong Kong toy maker, hung himself in mid-afternoon on Aug. 11, leaving behind over 5,000 workers with his company.

Zhang was reportedly under great stress to pay back $30 million for the out of his plants. But that amount was too much for him. And he learned that his long-term friend and business associate Mr. Liang who is also the paint supplier had cheated him supplying fake and lead-containing paint for his toy business.

The plant manager who called the reporter also said his boss is a very nice man and never dragged his feet on paying his workers and his employees are all treated very well. [Full Text in Chinese]

More at CDT about toys

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