US toymakers target Vietnam for production relocation from China
The Hanoitimes – US-based Hasbro, the world’s leading toymaker, planned to reduce its production capacity in China to 60% by 2020, compared to 69% in 2018 and 86% in 2012, with Vietnam among its alternative destinations. The ongoing US – China trade friction is causing negative impacts on US toymakers, forcing some major brands to consider […]
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