Christmas profits of China toy maker slumps

SHANGHAI: For years, China’s thousandsof toy factories and busy workers have dominated much ofthe global toy industry but now rising costs and faltering sales have left managers crying over miserly profits. 

With four out of every five toys going to the European Union last year made in China, business should be booming in the toy capital of the world — China's Guangdong province — but that has not been thecase.