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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (26663)	6/23/2011 2:25:55 PM
From: Les H	1 Recommendation Respond to of 119362

Analysis: Christmas gloom for China toymakers as orders shrivel China may be the world's toy-making capital, but for Cheung Tak Ching the Christmas season is shaping up to be lean and joyless. Sitting in a showroom amid an array of bright smiling toys he makes for Walt Disney Co and Mattel Inc, the 40-year industry veteran bemoans a 5-10 percent fall in pre-orders. "Our customers, mainly in the United States, still have good levels of inventory after restocking last year," said Cheung, managing director of Wah Lung Toys, which operates several factories in southern China employing nearly 8,000 workers. reuters.com