Christmas ornaments on shelf

A manufacturer displays newly designed Christmas ornaments in Ruian City of east China's Zhejiang Province, on Nov. 12, 2010.
0 CommentsPrint E-mail Xinhua, November 16, 2010
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Christmas ornaments are displayed at a shop in Suzhou City of east China's Jiangsu Province, on Nov. 14, 2010. As the world gets ready to celebrate the West's biggest festival, Christmas, next month, Chinese toymakers are not so cheery, as the appreciation of Chinese currency Yuan crimps their already paper-thin profits. Around 80 percent of the world's Christmas toys, trees and decorations are churned out of factories in southern China. Despite the huge market share, Chinese manufacturers are still struggling to break even as the yuan appreciates and the cost of labor and materials rise. [Xinhua/Wang Jiankang]

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