{"id":15225,"date":"2020-02-29T19:00:42","date_gmt":"2020-02-29T10:00:42","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2020\/feb\/29\/coronavirus-chinese-vendors-supply-chains-toy-manufacturers"},"modified":"2020-02-29T19:00:42","modified_gmt":"2020-02-29T10:00:42","slug":"coronavirus-causes-upheaval-and-uncertainty-for-toy-manufacturers","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=15225","title":{"rendered":"Coronavirus causes \u2018upheaval and uncertainty\u2019 for toy manufacturers"},"content":{"rendered":"<p>About 85% of products for the toy industry are located in China \u2013 and each day, supply chains see new virus-related problems<\/p>\n<p>\u201cIt feels like a rollercoaster, but the dip down is followed by another dip down,\u201d said Jay Foreman, chief executive of Basic Fun, a toy distributor in Boca Raton, as the coronavirus outbreak started to play havoc with his business. \u201cWe\u2019re waiting for the carriages to start going back up, but I think we\u2019re going to have to wait a little longer.\u201d<\/p>\n<p>Like many US businesses, Basic Fun is reliant on China for its manufacturing. Each day, Foreman receives updates from his vendors in China, where about 85% of products for the $80bn global toy industry sources are located. And each day, supply chain problems related to the <a href=\"https:\/\/www.theguardian.com\/world\/2020\/feb\/27\/what-is-covid-19\">global outbreak of Covid-19<\/a> mount.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/feb\/29\/coronavirus-chinese-vendors-supply-chains-toy-manufacturers\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>About 85% of products for the toy industry are located in China \u2013 and each day, supply chains see new virus-related problems\u201cIt feels like a rollercoaster, but the dip down is followed by another dip down,\u201d said Jay Foreman, chief executive of Basic Fu&#8230;<\/p>\n","protected":false},"author":1067,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,6,50,1069,47,42],"tags":[],"class_list":["post-15225","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-business","category-china","category-coronavirus-outbreak","category-us-news","category-world-news"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/15225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/1067"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15225"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/15225\/revisions"}],"predecessor-version":[{"id":15226,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/15225\/revisions\/15226"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}