Chinese toy industry depression mirrors US sub prime crisis | Indian Stocks to Make You a Millionaire
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Chinese toy industry depression mirrors US sub prime crisis

Posted By On 5:50 PM Under
1. World economy is in for trouble as latest input that half of China's toy exporters have been forced out of business this year speaks of the gravity of situation.

2. It is a known fact that China is largest exporter of toys and slump in toys industry is attributable to weaker demand from the US, a stronger Chinese currency and tougher safety standards. Safety regulations requirement has forced Chinese govt to close
a number of these toy producing factories.

3. The growth rate of toys exports is 21.8% slower than last year and thus the depression is looming large on the face of world economy.

4. However long term investors have been always able to cope with such crisis as time is a great healer.

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