They're also capable of producing flooring made with exceedingly high amounts of cancer causing formaldehyde. Makes me think twice about breathing too deeply around a bass finished there.
Oh my, formaldehyde, asbestos, what have you, it wasn't that long ago when stuff like that was ubiquitous in the West too. I remember yearly demonstrations of the fire brigade in our school during the 60ies where we were allowed to touch their asbestos protective suits, rub and sniff at them; when we lived in Zaire in the early 70ies, use of DDT (already outlawed in Western Europe) was widespread in (Western-produced) spray-insecticides ("Baygon" - it sure was effective too and even smelled like it wasn't good for you, not just for insects
), as late as the late seventies I worked on a construction site mounting asbestos materials - I assume those people who burned in that London highrise would have even today preferred some asbestos cladding to the one they had - and formaldehyde really didn't go out of fashion and become a health concern until the mid to late 80ies.
Countries like China are emulating our historic economic development in high speed fashion, that also means emulating some of our mistakes, but they will probably use asbestos and formaldehyde for a shorter period than we did in the past.