News this week: This week, NASDAQ-listed Global Sources opened the seventh edition of its
annual China Sourcing Fairs in
Dubai at the Dubai
International Convention & Exhibition Centre. The concurrent events
were held from 28th to 30th May covering four segments - Electronics, Gifts & Premiums, Home Products, and Hardware & Building Materials.
Global Sources
reports that 12,680 buyers from 111 countries attended the event in the
2012 edition. According to the company, bilateral
trade between China and the Middle East is forecast to reach US$300 billion by
2014. Trade between China and the UAE recorded a fivefold increase in less than
10 years and was up 10% in 2011.
Tommy Wong, president of Global Sources Exhibitions, stated,
“Over the years we have gained a great understanding of the type of products
that buyers in this region are looking for… We have been able to focus the
events on four core product categories – consumer electronics, gifts &
premiums, home products, and hardware & building materials – to make the
combined exhibitions more focused and beneficial for both the visitors
attending and the exhibitors participating.”
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