Bad News from China! (1 Viewer)

[johngambale]

China announced, that they will Raise Prices on ALL Toys Exported! Without our U.S. Buying from China, who else in the World Trade is going to pay their Exumberant Price Increase's?

 

[thebritfarmer]

Can't find anything on the net about this?

 

[BLReed]

Can't find anything on the net about this?

It was on Bloomberg. Here it is in brief. Sounds like a ploy to do your
Christmas shopping early.
http://www.bloomberg.com/news/2011-05-24/toy-prices-rise-as-china-wages-increase.html

 

[trooper]

That ties in with the rumour that some of the "China" companies are looking at Bangladesh for cheap labour. Trooper