The now three year old shortage of labor workers in especially the Guangdong-Fujian region is heading for increased problems in delivering your Christman presents on time in Europe and the US, CNN Money writes.
Toys are particularly at risk, since China accounts for more than 90 percent of the world's toy production. But other industries have substantial risks too; China accounts for 53 percent of global footwear production and 50 percent of total apparel production. China also accounts for 16 percent of total global exports of consumer electronics. The numbers are from trade groups for the industries.The issue has not been reported extensively in the Chinese media, but I'm sure the issue is still there.
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