Manufacturing Industry
China: the world's toy makers.(low labor costs, value of Yuan)
Plastics News, December, 2005 by Lauzon, Michael
Byline: Michael Lauzon They comprise a million-plus workforce. They run injection molding machines, paint doll faces, sew, stitch and assemble. They are China's toy makers to the world and they continue to gobble market share. China's toy industry boosted shipments to the United States by 15 percent for the first nine months of the year, according to data published by the U.S.
International Trade Commission. That means China is on track to export some $19 billion worth of toys and related festive articles to the United States this year. China has been a major toy producer for years, especially in the southeast part of the country in the Pearl Delta area. But its importance is becoming more entrenched as global toy companies try to cut labor costs when...
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