US stimulus checks help boost China's toy exports; price hik

US stimulus checks help boost China's toy exports; price hikes expected


US stimulus checks help boost China’s toy exports; price hikes expected
Wang Bozun Published: May 17, 2021 07:23 PM
Workers make toys at a factory in Lianyungang, East China's Jiangsu Province over the weekend. Domestic and foreign orders have been flowing into the company in recent days. Photo: cnsphoto
China's toy factories are getting an influx of export orders this year, particularly from the US, with some seeing sales triple as demand for home entertainment products heats up under massive rescue packages and continuing home isolation.
However, many companies said they are facing surging costs for materials, and considering raising product prices as a result.

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