Print costs in China have reached “unprecedented” levels, reports the Bookseller, raising concerns that new titles could be delayed or cancelled. UK novelty, gift and illustrated publishers are the hardest hit as the combination of paper and oil price rises, new labour laws and fluctuations in the US dollar and RMB–which has seen Chinese printing costs surge by up to 40% since the beginning of the year–hit home. Kate Skipper, children’s buyer for ages 0-5 at Waterstone’s, said: “We are seeing prices for novelty titles go up and we think the next year will be significantly different in terms of […]
