Recalls of Chinese goods by US companies almost tripled in the past three months, reports Bloomberg from Hong Kong.
Mattel Inc’s recalls from China last week, brought the value of recalled toxic and dangerous Chinese goods to $430 million since June 6, from $152 million a year earlier, according to figures compiled from US Consumer Product Safety Commission data. The value of goods withdrawn from American shelves this year totals $1.08 billion.
China dropped to 37 out of 38 nations, ahead of Indonesia, in the second quarter in a ranking of how favourably consumers view a product based on its origin.