12 july 2010
The Chinese produce 70% of global sex toys. Half the demand is from the US and 30% from Europe. Product prices ranges from pennies to $100. Revenue for the first 5 months of the year has crossed a $1 billion.
Presuming healthy margins, over 50%, $2 billion in revenue, and a disposition to lend money to its largest customer, Chinese sex toy savings could account for at least $500 million a year in US government bond buying.
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