VIDEO: China starts making toys again, entry into overseas market is closed due to virus
Beijing, AFP. The epidemic caused by the novel corona virus has isolated China on a global stage. Now China’s toy manufacturer exporters are looking for consumers in the country. Toy companies such as Shantou Mendiss have decided to sell toys online. These toy companies are getting new orders but many of the orders already received have been canceled. It is noteworthy that many countries including the US have set the mood to punish China.
Shantou Bilisi Twies General Manager Shen Zhuoyi said, “The foreign trade business of our company has completely ended due to the epidemic.” These toy companies are getting new orders, but many orders already received have also been canceled. It is noteworthy that many countries including the US have created a mood to punish China. China’s exporters are in trouble due to cancellation of shipment, return of goods and non-receipt of new orders. The world’s second largest economy is in an effort to get back on track. But the withdrawal situation is difficult due to lockdown and all restrictions in the overseas market.
In December last year, the deadly virus from the Wuhan city of China spread throughout the world by March. According to Chinese online marketplace ‘Taobao’, many foreign trading companies are opening stores so that their domestic business can run smoothly. The country’s Finance Minister Zhong Shan said, “When there is no light in the west, then there is light in the east.”
VIDEO: China toymaker exporters are starting to look to domestic consumers as the coronavirus hits trading partners worldwide. Faced with few new orders, toy companies like Shantou Mendiss is considering more domestic sales by working with platforms and brands to sell toys online.
