Hong Kong's Toymakers Say 2011 Toughest Year Yet
Hong Kong's Toymakers Say 2011 Toughest Year Yet
Nov. 24 (Bloomberg) -- Bloomberg's Rosalind Chin reports on the impact of sagging global demand on Hong Kong's toy market. Local toymakers have been forced to develop new business strategies to cope with surging labor and supply costs, and falling sales. Exports of traditional toys fell in the first nine months of the year, supplanted by electronic toys and games which are proving more popular. (Source: Bloomberg)
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