China’s toy exports in high demand during coronavirus lockdowns, especially in the United States


Source: scmp.com scmp.com

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China’s toy sector is booming, and the United States remains the top destination for those toys despite the impact of the coronavirus and protracted bilateral tensions between the world’s two largest economies. With the pandemic fuelling a “stay-at-home economy”, there has been a greater reliance on Chinese goods, according to the China Toy and Juvenile Products Association (CTJIPA). The industry organisation said in a white paper issued on Thursday that the total value of exported toys – excluding certain types of games – in coronavirus-ravaged 2020 rose by 7.5 per cent from a year earlier, reaching US$33.49 billion and marking...