News this week: NASDAQ-listed Global Sources announced its inaugural
China
Sourcing Fair in Brazil has sold out with over 500 booths booked. The show
will be managed by Milton
Exhibits and will run from 14th to 16th August at the
Imigrantes Exhibition Center
in Sao Paulo.
The three-day trade show
will showcase products from China in the Electronics,
Gifts
& Premiums, Garments
& Textiles and Hardware
& Building Materials categories, as well as products from Indian
manufacturers at the co-located event, India
Sourcing Fair. The show is supported by the Brazil-China Chamber (CCIBC)
and it will feature group pavilions from Guangdong, Hebei, Hunan and Tianjin,
the Hong Kong Exporters’ Association and the Federation of Indian Export
Organisations.
Tommy Wong, president of
Global Sources Exhibitions said, “Brazil has proven itself a critical trading
partner to China as evidenced by the booming growth rate of 30% year-on-year in
exports from mainland China in 2011. Moreover, mainland China is Brazil’s
largest trading partner. This further supports the Chinese government’s
implementation of their ‘going out’ strategy – an export-focused policy in key
emerging markets that supports growing demand for reliable and competitive
China products.”
This post is excerpted from BSG's weekly e-newsletter
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