Friday, July 20, 2012

Global Sources’ inaugural show in Brazil sold out


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 which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

No comments: