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The '''2007 Chinese export confidence crisis''' refers to a series of product recalls and import bans initiated by the product safety institutions of the [[United States]] and [[European Union]] against products manufactured in and exported from the [[People's Republic of China]] because of numerous [[consumer safety]] issues claimed from the importing nations. Events included in the export confidence crisis include recalls on consumer goods such as [[2007 pet food recalls|pet food]], [[toys]], [[toothpaste]], and a ban on certain types of [[seafood]]. Also included are reports on the poor crash safety of Chinese automobiles, slated to enter the American and European markets in 2008. This has created adverse consequences for the confidence in the safety and quality of Chinese manufactured goods in the global economy.
The '''2007 Chinese export confidence crisis''' refers to a series of product recalls and import bans initiated by the product safety institutions of the [[United States]] and [[European Union]] against products manufactured in and exported from the [[People's Republic of China]] because of numerous [[consumer safety]] issues claimed from the importing nations. Events included in the export confidence crisis include recalls on consumer goods such as [[2007 pet food recalls|pet food]], [[toys]], [[toothpaste]], and a ban on certain types of [[seafood]]. Also included are reports on the poor crash safety of Chinese automobiles, slated to enter the American and European markets in 2008. This has created adverse consequences for the confidence in the safety and quality of Chinese manufactured goods in the global economy.


== RC2 Corp ==

In June of 2007, toy maker RC2 Corp recalled several wooden based toys from it's [[Thomas & Friends]] Wooden Railway product line, due to concerns in lead levels in it's paint.<ref>http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-18873781.htm?cnn=yes Mattel to recall more Chinese-made toys]</ref>

== Hasbro Recall ==

In July, [[Hasbro Inc]]. recalled Chinese-made Easy Bake ovens, marking the second time the iconic toy had been recalled this year.

== Mattel Recall ==

August 1, 2007 [[Mattel]] recalled [[Sesame Street]]'s [[Big Bird]] and [[Elmo]], and [[Nickelodeon]]'s [[Dora the Explorer]] for lead levels in paint.<ref>http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-18873781.htm?cnn=yes Mattel to recall more Chinese-made toys]</ref>


== Aftermath of Mattel Recall==
== Aftermath of Mattel Recall==

Revision as of 13:50, 14 August 2007

The 2007 Chinese export confidence crisis refers to a series of product recalls and import bans initiated by the product safety institutions of the United States and European Union against products manufactured in and exported from the People's Republic of China because of numerous consumer safety issues claimed from the importing nations. Events included in the export confidence crisis include recalls on consumer goods such as pet food, toys, toothpaste, and a ban on certain types of seafood. Also included are reports on the poor crash safety of Chinese automobiles, slated to enter the American and European markets in 2008. This has created adverse consequences for the confidence in the safety and quality of Chinese manufactured goods in the global economy.

RC2 Corp

In June of 2007, toy maker RC2 Corp recalled several wooden based toys from it's Thomas & Friends Wooden Railway product line, due to concerns in lead levels in it's paint.[1]

Hasbro Recall

In July, Hasbro Inc. recalled Chinese-made Easy Bake ovens, marking the second time the iconic toy had been recalled this year.

Mattel Recall

August 1, 2007 Mattel recalled Sesame Street's Big Bird and Elmo, and Nickelodeon's Dora the Explorer for lead levels in paint.[2]

Aftermath of Mattel Recall

Zhang Shuhong, who co-owned the Lee Der Toy Company, which made a number of toys for Mattel Sesame Street's Big Bird and Elmo, and Nickelodeon's Dora the Explorer; had committed suicide at his factory on August 11, 2007, according to authorities.[3]


References