NEW YORK (AP) - Less than two weeks after Mattel Inc. (NYSE:MAT) recalled 1.5 million Chinese-made toys because of lead paint, the toy industry is bracing for another blow that could give parents more reason to rethink their purchases just before the critical holiday shopping season.
Mattel is set to announce the recall of another toy involving a different Chinese supplier as early as Tuesday, according to three people close to the matter who spoke on condition of anonymity because of the sensitivity of the situation.
Later in the day the news was confirmed:
NEW YORK (CNNMoney.com) -- Mattel Inc. Tuesday recalled more than 9 million toys made in China, including "Polly Pocket" and "Batman" dolls and other popular figures, because of loose magnets and lead paint - its second major recall in less than a month.because...(drum roll please)...
The move, announced by the company and the Consumer Product Safety Commission (CPSC), comes after a host of other Chinese products, from seafood and pet food to tires and toothpaste, have been recalled for safety reasons in recent months.There are two reason FOR boycotting Chinese goods, and I'm sure many reasons NOT to boycott them. The two "pros" that come to mind immediately are:
- reducing American dependence on Chinese manufacturing and its economy
- taking a stand on the numerous and egregious human rights violations perpetrated by the communist government
I believe that Americans would also rather ... "be safe than sorry"
Now, Chinese human rights violations are nothing new, ranging from Tibet to beijing factory workers to Tiennamen Square. I will elaborate on this point later. American economic independence was, admittedly, not my first thought, but it was brought up eloquently by my wife. Here is the email exchange (edited a little for grammar and length because, lets face it, nobody writes with proper grammar when emailing):From: The Bleeding EarI would add that the "2 way street" mentioned in the email is "2" lopsided. Americans depend heavily on Chinese goods, but China depends largely on American money. If there were a "falling out" between the two countries (or--heaven forbid--a war), this situation might hurt China in the world markets in the short term, but I postulate China would be relatively self-sufficient in staple goods while America would be crippled.
Sent: Today
To: The Wife
Subject: Boycott China?
The more I hear, the more I think that the only way to get China to shape up (and America to not be so dependent on one country) is to boycott Chinese-made goods. Teach these American companies to police themselves, or they're going to close shop.
Here's the NEW news about chinese toys.
http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-18873781.htm?cnn=yes
love you,
Anh
From: The Wife
To: The Bleeding Ear
Date: today
Subject: RE: Boycott China?
Americans need to boycott Chinese goods. ... We need ... [to] come home and support local businesses. If American companies opened their factories here, they would be able to find laborers. Perhaps, the labor here is not quite as cheap as it is in China, but I believe that Americans would also rather pay a little more and "be safe than sorry".
I think it's rather "funny" that in Vietnam, [the] Vietnamese [will] not buy goods that are "Made in China", [but] they [will] hunt for anything that has ... American tags on it. Perhaps the Vietnamese know their neighbor too well!
On the contrary, we Americans have to use everything with the tags "Product of China" because we do not have a choice. Everything in America is made in China. As China strives to overcome the U.S, to be the strongest economy in the world, their economy relies [mostly] on our [wealth], but in reverse, our economy also relies a lot on them. It's simply a 2 way street.
So, there are three main solutions to this problem: 1). Americans need to support domestic goods; 2). American companies need to pull out of China (because it does not matter how hard they try to enforce their product standards, Chinese will always find a way to cheat the system. ... 3). Like ever, the U.S. government must do a better job inspecting imported goods (you can find more facts about this on CNN.com).
...
Love,
The Wife
Chinese products ... have been recalled for safety reasons in recent months
Also, it interests me greatly that Vietnam, China's southern neighbor, doesn't rely as heavily on Chinese goods as America does. I think we can definitely learn something from that. Vietnam has thousands of years more experience dealing with the Chinese than we do.
Ultimatly, though, how could we affect such a boycott? What must we do to achieve more economic independence and better quality goods?
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