Global Crisis Brings Hard Time to Canton Fair
The financial turbulence has greatly affected China’s exports, and it lowered the expectations of China’s exporters as the country’s leading trade fair which is mainly known as the Canton Fair. The fair was opened yesterday. The autumn session of the biennial fair in Guangzhou is considered as the barometer of Chinese exports and imports, which will run till Nov 6, lasting for 15 days all together.
The number of booths this year is 53,000, 10,000 more than last time. Despite the encouraging changes, businessmen and analysts still have taken a cautious attitude toward China’s export prospects because of the global financial crisis, fluctuations in raw material prices, Read more…
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