The China Daily reports that toy stocks in India have plummeted and prices have skyrocketed due to India’s ban of China-made toys:
Indian toy dealers are running out of stocks of toys and prices of toys have soared by 30 percent to 100 percent due to a government ban on Chinese toys, reported local daily Times of India Saturday.
The report said since the ban on Chinese toys were imposed last month, the stocks of importers and wholesalers have started diminishing… [the report quoted an Indian merchant saying] “Prices of some unbranded toys have even become double or higher. We have never seen such a situation before where getting supplies is becoming next to impossible”…
For more on the toy ban:
See also past CDT posts on the Indian toy ban.
