Toy exports lacklustre in China's Guangdong province
www.chinaview.cn 2009-12-27 19:08:39   Print

    GUANGZHOU, Dec. 27 (Xinhua) -- China's Guangdong province, a leading toy exporter of the nation, reported a double-digital decline in foreign sales of such products in the first 11 months of this year.

    Local customs sources said Sunday that from January to November, Guangdong sold 5.11 billion U.S. dollars worth of toys abroad, down 10.9 percent from the same period of last year.

    The total included 2.13 billion dollars worth to the United States, down 14.9 percent, and 1.22 billion dollars worth to the European Union, down 10.6 percent. But the province's toy exports to ASEAN members grew 67.7 percent to 240 million dollars worth.

    The local customs said toy exporters faced a lukewarm demand from abroad, trade barriers in the name of environmental protection, and price hikes of raw materials.

Special Report:  Global Financial Crisis

Editor: Li Xianzhi
Related Stories
Home China
  Back to Top