A Chinese toymaker which supplied firms including US giant Mattel has gone out of business with the loss of up to 7,000 jobs.
Rising raw material and labour costs and slowing US demand forced Smart Union to close its doors this week.

The Chinese news agency Xinhua said 52.7% of the country's 3,631 companies making toys for export went out of business in the first seven months of the year.


http://news.bbc.co.uk/2/hi/business/7675552.stm

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