Thứ Năm, 27 tháng 3, 2014

voa economic report - Recalls Add to Pressure on Toy Industry


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is the VOA Special English Economics Report.

Parents about supply and demand. What they supply is not what children demand. Toymakers have the same problem. These , they not only face greater competition ---- kids have entertainment choices than ever. But parents could also become choosey.

Last week, the worlds largest toy company announced largest recall in its history. Mattel is recalling more eighteen million toys that contain small, powerful magnets. These cause serious injury if swallowed. One death has already reported.

The toys were made over the past years based on Mattel designs that the company says now been improved.

Mattel combined its announcement with separate recall of more than four hundred thousand toy . Mattel said the manufacturer, Lee Der Industrial in China, lead-based paint without permission. Chinese media said the company hanged himself.

The vehicles are based on the "Sarge" in the movie "."*%Cars."

Mattel is based in California makes about sixty-five percent of its products in China. company promises greater testing.

On August first, Mattel almost one million toys from its Fisher-Price division because lead paint. That recall cost the company thirty million .

Other companies have also recalled children's products. Last Toys "R" Us recalled baby bibs made in China. tests showed that the vinyl bibs contained high levels lead.

The seller of a simple test for in products has seen its sales jump. The kit Homax can be found in stores including home improvement . Homax's Donald Hamm says the company is receiving five six calls each day from businesses wanting to sell LeadCheck kit.

The company has now set up Web site to sell directly to the public, at ..

China has formed a cabinet-level committee to improve the and safety of its exports. This follows a number recalls around the world.

But China has also the quality of some American imports. And it has the United States and the European Union of trade .

The American toy industry is worth an estimated billion dollars. Eighty percent of the toys are made China. But now several companies that still make toys the United States are reporting increased sales.

And that's VOA Special English Economics Report, written by Mario Ritter. Bob Doughty.

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