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Parents spurn trendy toys in recession driven shift
Hong Kong toy makers report a consumer pivot from electronic and space toys to basic dolls and model cars as prices rise up to 30 percent. Despite belt tightening, exports reach 420 million dollars, with inflation cited as fueling higher values while production remains steady.
MENTIONED IN THIS ARTICLE
Hong Kong
UPI
Jerry Fishel
Fisher Toys Ltd
United States
Europe
U.S
Fishel
Trade Development Council
Blaauw