Chinaâs Soaring Factory Costs Send Inflation Signal to the World
May 12 2021, 2:43 PM
May 12 2021, 1:30 AM
May 12 2021, 2:43 PM
(Bloomberg Businessweek) Bryant Chanâs factory in Heyuan, in Chinaâs Guangdong province, turns out Nerf guns, LeapPad toy tablets, and other playthings for major U.S. brands, as well as electronics, such as a gadget that can capture data on golf swings. The president of Hong Kong-based Wynnewood Corp., Chan has seen prices for paint, screws, springs, solvent, metal, batteries, and packaging rise as much as 15% this year. Plastic .
(Bloomberg Businessweek) Bryant Chanâs factory in Heyuan, in Chinaâs Guangdong province, turns out Nerf guns, LeapPad toy tablets, and other playthings for major U.S. brands, as well as electronics, such as a gadget that can capture data on golf swings. The president of Hong Kong-based Wynnewood Corp., Chan has seen prices for paint, screws, springs, solvent, metal, batteries, and packaging rise