[QODLink]
Asia-pacific

China's toy manufacturers trim their sails

Country commands nearly 75 percent of global export market but now faces pressure to build quality products for less.

Last updated: 09 Jan 2014 19:51
Email Article
Print Article
Share article
Send Feedback

Hong Kong is still the hub of research and development in the toy industry, but mainland China is where the world's toys are made. China commands around 75 percent of the global toy-export market, worth around $29bn.

However, even in China, rising manufacturing overheads, caused by increases in labour costs and fluctuating currencies, are putting pressure on manufacturers as retailers demand cheaper products featuring better technology.

Craig Leeson reports from Hong Kong.

72

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
Featured on Al Jazeera
More than one-quarter of Gaza's population has been displaced, causing a humanitarian crisis.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Muslim charities claim discrimination after major UK banks began closing their accounts.
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Featured
In Brussels, NGO staff are being trained to fill the shortfall of field workers in West Africa.
Lawsuit by 6-year-old girl, locked up for a year, reignites debate over indefinite detention of 'boat people'.
Indonesian and Malaysian authorities are keeping a close eye on local supporters of the hard-line Middle East group.
Citizens of the tiny African nation say they're increasingly anxious of the fallout after alleged coup.
A humanitarian crisis and a budget crisis converge in the heart of the human smuggling corridor in Texas.
join our mailing list