News this week: According to media reports, the
recently concluded second session of the 112th China Import and
Export Fair (Canton Fair) recorded 7.7% less transactions year-on-year as a
result of slower demand from Japan and the U.S. The session, focusing on toys
and gifts, crafts, garden tools and supplies, and local specialties, received
147,732 overseas buyers –
down 11.4% compared with the last session.
This was the second of
three sessions which took place from 23rd to 27th October
at the China Import and
Export Fair Complex. According to the fair’s organisers, the China Foreign Trade Centre (CFTC), transactions
from the U.S. in particular was down nearly 11% compared with the same session
of the previous fair.
The first session of the
Canton Fair was focused on clothing and received 93,529 visitors – down 11.4% compared with the corresponding
session of the spring fair this year.
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