Tuesday, June 17, 2008

China's Toy Export grown slows significantly

Although still up by 3% from January through March over last year, the growth rate for Chinese toy exports was down from a 24% growth rate for the same period last year. Chinese exports to the United States were down by 5.8% for the first quarter vs the same period last year. Major factors include the toy safety scare for Chinese toys and higher production costs in China. To read the story from Playthings Magazine, click here.

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