China’s toys spoil the game

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The famed toy making sector in China had been playing with fire – by manufacturing kids’ stuff with excessive amounts of lead paint that could be potentially lethal. There has been flurry of recalls from Mattel following this disclosure (Mattel outsourced a major part of its toys from China – almost 65%). Now, news is just that the American toy giant that makes Barbie dolls, Hot Wheels, Matchbox cars and American Girl dolls among many others, “was recalling 800,000 toys, most of them accessories for Barbie dolls, which it said contained impermissible levels of lead paint and had been produced by seven different companies in China,” according to a report in the Financial Times. Chinese safety officials said that they would cooperate with US regulators over the latest recall, adds FT. “However, China’s new health minister warned that it was unhealthy to exaggerate the extent of the safety problems in China.” Well, the toy recall story seems to have become spoil-sport for China!

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Source : IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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