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The only plausible that he would need a gigantic factory, with tons of cheap labor and easy access to raw materials. Also, it is completely impossible for him to visit every child in the world in under one night: the sheer speeds he would need would completely vaporise him, his reindeers and the presents (which, by the way, cannot be contained in one single bag). Therefore, Santa needs a huge shipping business that can reach all over the world.
And who has lots of cheap labour, factories everywhere and ships goods to everyone?
China.
It is now revealed gentlemen. Santa is China. There is no other explanation.