As More Toys Are Recalled, Trail Ends in China

[MattF]

nice how the head of the toymaking company in China committed suicide over this...and the one who sold him the paint? An old childhood friend.

 

[number22]

Quote from MattF:

nice how the head of the toymaking company in China committed suicide over this...and the one who sold him the paint? An old childhood friend.

Very sad ordeal; all contributed to counterfeited paint. RIP.

 

[drsteph]

Quote from Capablanca:

Seems like a concerted campaign doesn't it? So who could be behind it? Will these publicized drawbacks be enough to overcome the standard of living boost trade with China gives in the minds of people? Japan before wasn't about bargains the way China is today.

mmm hmmm....

Guess Paulson's visit didn't go the way he expected, so now its scare the US population and stop buying a sector of the chinese export economy.

Unfortunately, once the media gets ahold of this stuff, it takes on a mind of its own and you can't really control it an y more. Sell short china toys...

 

[james_bond_3rd]

Quote from MattF:

Another subtle effect at to what I dub, "Chinazation"

http://www.nytimes.com/2007/06/19/b...em&ex=1182484800&en=c70905ee16c5ca8c&ei=5087
......

It also means that China today is responsible for about 60 percent of all product recalls, compared with 36 percent in 2000.

Much of the rise in China’s ranking on the recall list has to do with its corresponding surge as the world’s toy chest: toys made in China make up 70 to 80 percent of the toys sold in the country, according to the Toy Industry Association.

......

Let's see, 70-80% of all toys sold are from China, yet they only account for 60% of product recalls.

Seems like Chinese products are much safer than products made elsewhere...