Thursday, August 16, 2007

Chinese Merchant Suicide on Mattel's recall

The head of the factory who supply toys to Mattel had hung himself after receiving the news that nearly 1 million of his toy is returned. I just think this is a sad story. Zhang Shuhong of Lee Der Industrial Co. Ltd cannot carry the financial burden, thus, decided to take his own life. Not only is Mattel heavily affected, so is the Chinese export industry, along with the suppliers of the Lee Der Industrial Co. Ltd. This will have a chain of effects in the Hong Kong and China's toy manufacturer.