World's top toymaker to move China factories to India, Vietnam

Hasbro Inc, world’s largest publicly traded toymaker, which has licenses for popular franchises such as “Frozen” and the “Avengers,” said US goods produced in China could drop to about 50% by the end of 2020. The company leaders said that they are adding new geographies for production. Hasbro is the latest firm changing its strategy amid heightened US-China tension.

from Times of India https://ift.tt/2y8aWmR