News this week: The largest trade fair in
China, the 114th China Import and Export
Fair (Canton Fair), opened
on 15th October at the China Import and Export Fair Complex in Guangzhou this year.
The Canton Fair is
held twice each year, and according to media reports, this is the first year since
the global financial crisis to record a drop in exhibitor numbers at
both editions. The drop is
attributed to a subdued global economy and weaker currencies in emerging markets versus
the yuan. A total of 24,517
exhibitors attended the autumn edition of Canton Fair – down 229 and the largest
decrease since the drop of 237 exhibitors was recorded during the global
financial crisis in 2009. The Canton Fair organiser also estimates a 10% drop in overseas buyers to 188,145.
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