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China Market

Only 2 Cities and 3 Provinces Increased Minimum Wages in China

According to China Briefing recent article “Minimum Wage in China: Minimal Increases in 2017”, there were only Shanghai, Shenzhen, Shandong, Fujian, and Shaanxi increased there minimum wage levels in 2017 so far.  Shanghai increased 5%, Shenzhen increased RMB ¥100 in monthly wage to RMB ¥2,130 (about US$295), the second highest minimum wage in China.

Despite of these increases, most of Chinese workers are not being paid at the minimum wage, the average monthly salary in the leading city was RMB¥7,606 (about US$1,114) in 2016 as reported in the article.

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China Market Product Safety

A Marvel for Toy Manufacturing

ACG Alliance is pleased to announce Dr. Yenvik Zhong on board as the Senior Consultants specialized in China manufacturing and sourcing, OEM/ODM product design and production, and supply chain management and training. Dr. Zhong has been in Walmart China for over 10 years as the chief leader in factory assessment and qualification, manufacturing process improvement, and quality control for Walmart’s 4.5 billion annual toys, children products and stationeries.  He spearheaded the cornerstone protocols for Walmart factory production and lab test requirements while he directed a team of 10 staff and supervised over 250 suppliers and 300 factories. The Walmart’s private brand “My Life As” 18-inch dolls that has surpassing 3 million pieces in production last year was one of his legacy.

Dr. Zhong is truly a marvel in toy manufacturing” said Paul Chen, CEO of PC Squared Consultants LLC, “Everyone in the Toy industry who supplies products to Walmart know his extreme toughness on factory production processes, product quality, and root cause analysis.”

If you are a factory owner, you would like his endorsement for production excellence.  If you are contracting factories to manufacture your products, you would like him to walk through those factories to evaluate and improve every aspect of manufacturing processes.

ACG Alliance is a team of seasoned professionals from top tier toy companies coming together to help companies in the U.S. and China to improve their competitiveness in the areas related to people, product, operation, and risk prevention.  With Dr. Zhong’s participation, ACG Alliance is able to further succeed into China manufacturing industry and to better provide clients in facilitating factory engagements and management.

In addition, Dr. Zhong also conducts speeches in seminars and training courses in China for companies to escalate production capacity and learn the best practices and world-class standards in the global supply chain.  He will have regular articles post on the www.ACGalliance.com/posts/yenvik as well.

To reach Dr. Zhong, please contact yenvikzhong@163.com or ACG Alliance at 949-329-8120 or info@ACGalliance.com

Categories
China Market Product Safety Toys

Phthalates in Toys from China

Phthalates are a group of chemicals used as substances added to plastics during manufacturing to increase products’ flexibility, transparency, durability, and longevity.  Your everyday plastic products from toys, bottles, vinyl flooring, cosmetics, to even medical blood bags have some phthalates in them.

Studies have found phthalates can damage the liver, kidneys, lungs, and reproductive system.  People are exposed to phthalates by eating and drinking foods that have been in contact with containers and products containing phthalates.  The more frightening is breathing in air that contains phthalate vapors or dust may also go into your body system.  Children have a greater risk being exposed to phthalate particles due to their hand-to-mouth behaviors according to US Centers of Disease Control and Prevention (CDC).

Safety regulations all over the world have banned or put a limit on Phthalates uses for product manufacturing, especially for Toys, infant bottles, and other products that are normally used by young children.

However, phthalates make products more presentable and attractive on display.  Contract manufacturers or sub-contract manufacturers are still using these phthalates secretly to make their product easy to sell.  Recent two news “Greenpeace finds phthalates in EEU toys” from chemicalwatch.com and “Supervisors Scrutinize Safety of Chinese Children’s Products” from Sixthtone.com show these dangerous substances are still in use by manufacturers, “The head of one type of doll was found to be more than 18.4% phthalate” and “the Chinese standard is set at 0.1%.”

Phthalates in Toys should be an old news.  In US, Consumer Product Safety Commission (CPSC) has established bans and regulation in 2008.  News like these in China send alarming notice to US buyers and brand-owners to watch or test more frequently on products purchasing from China.  A single product sample test is not enough.  Random sample tests should be conduct more often for the safety of our children.

For more information on Phthalates standards, please contact Mr. Paul Chan, our expert in safety compliance.

 

Categories
China Market Toys

China Toy Market

Our friend, Lutz Muller of Klosters Trading Corporation, reveals China Toy market statistics and what are the strategic approaches from the those toy giants, Mattel, Hasbro, Jakks, Vtech, and Spin Master from his recent article “The Chinese Toy Market – A Hard Nut to Crack”.

“As the example of Mattel and Hasbro demonstrates, even the most accomplished and strongest of toy companies find China to be a major challenge and this is why they went the route of allying themselves with well-established companies there.” Says Mr. Muller.

Read more about this great article from https://seekingalpha.com/article/4069764-chinese-toy-market-hard-nut-crack

Categories
China Market

Moody’s downgrades China rating

  • Moody’s downgrades China nation’s credit rating to A1 from Aa3 on May 24, 2017
  • The first time since 1989
  • The steady buildup of debt would erode China’s financial strength in the years ahead
  • 分析師:信評降級不會造成中國經濟泡沫化
  • 中國評級遭穆迪調降之後,與日本、以色列、沙烏地阿拉伯和捷克等國相同,比台灣低一級

For more information, see https://www.reuters.com/article/us-china-economy-rating-idUSKBN18K04Q or https://money.udn.com/money/story/5603/2483704