As the global slowdown hit Chinese toymakers, some toymakers really suffered a lot. But business like Ouyang’s in this toy-making hub in Shantou of Guangdong province has been relatively unscathed.

Exports have dropped only very slightly, Ouyang said, about 30% products of her company cater to the domestic market, while 5% aims to Europe and the US, and the rest goes to Southeast Asia. Read more…

Popularity: 4% [?]

China, crisis, economy, export, Guangdong, Shantou, toy

To see part 2

Besides reliable clientele and fine quality, another reason that Cai is so confident is that his company is capable for innovation.

They have enough outstanding designers in overseas and dozens of others doing research and development. “Quite a number of our products are sold overseas carrying the Quanyu trademark,” Cai said. Read more…

Popularity: 2% [?]

China, crisis, economy, export, Guangdong, manufacturing, Shantou, toy

To see part 1

According to Guo Zhuocai, Huawei director and president of the Chenghai Toys Association, the market is to unsteady to be predictable and everything became more expensive.

90% of Huawei’s products, including remote-control toys, electronic dolls and robots are sold to overseas markets. Read more…

Popularity: 3% [?]

China, crisis, economy, export, Guangdong, manufacturing, Shantou, toy