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Tuesday, January 8, 2008

China Toy Exports +20% In 1st 10 Mos Of 2007 -Report

China saw an increase in toy exports for the first 10 months of 2007, state media said Sunday, despite global recalls of millions of Chinese-made toys over lead paint and design flaws. The exports worth US$7.07 billion between January and October represent a 20.1% increase from the same period in 2006, the official Xinhua News Agency said.

The Xinhua report did not give the number of toys exported during the 10-month period. But the government has said that China, the world's largest toy manufacturer, exported 22 billion toys in 2006, about 60% of the world's total.

The top two markets remained the E.U. and the U.S., which bought 67.6% of China's total toy exports between January and October, Xinhua said.

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