India’s Ban on Chinese Toys Could Further Stall Recovery
Feb 4th, 2009 | By Irwin Greenstein | Category: Emerging MarketsThe train wreck known as China’s manufacturing sector took another tumble down the hill as India imposed a six-month ban on toy imports – one of China’s largest exports. The setback for China underscores our ongoing warnings to investors that neither a multibillion stimulus plan or anything that Beijing throws at its ailing economy will promise investors those speculative profits of yesteryear.