China hosted the second largest toy fair in the world January . -- You may think Santa 's grotto is hidden in a snow-covered Arctic cabin , but those in the know say its real location is Hong Kong 's cavernous harbor-front convention center . Buyer likens it to a `` Santa 's paradise '' The city 's toy industry is on an uptick , according to CNN 's organizer . Safety regulations for toy manufacturing in Hong Kong have improved .
China hosted the second largest toy fair in the world January . Buyer likens it to a `` Santa 's paradise '' The city 's toy industry is on an uptick , according to CNN 's organizer . Safety regulations for toy manufacturing in Hong Kong have improved .