Advertisements
//
you're reading...
China Daily Mail


China Daily Mail

The Canton Fair, one of the country’s biggest trade fairs and a barometer of the health of the export sector, ended on a sombre note, with orders from overseas buyers down and traders reporting that most new contracts were kept short-term.

Deals signed across the fair’s three weeks amounted to US$36.3 billion, down more than 4 per cent on its previous session last October.

Attendance rose slightly, however, setting a record of 210,831 overseas buyers.

A fall in orders had been expected, with Deputy Commerce Minister Zhong Shan warning in January that the debt crisis in Europe was casting a shadow over global trade. And Commerce Minister Chen Deming said last week that the forthcoming April trade figures would show only “very small growth”.

Fair spokesman Liu Jianjun said about 86 per cent of deals were smaller and on shorter-term contracts than previously.

“Most buyers were cautious when placing…

View original post 332 more words

Advertisements

About Craig Hill

General Manager at Craig Hill Training Services * Get an Australian diploma by studying in your own country * Get an Australian diploma using your overseas study and work experience * Diplomas can be used for work or study in Australia and other countries. * For more information go to www.craighill.net

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Advertisements

Get An Australian Diploma

Learn How To Sell Real Estate To Chinese Buyers

Learn How To Sell Real Estate To Chinese Buyers

writer@craighill.net

Join 1,678 other followers

China Daily Mail Latest Headlines On Twitter

Twitter – China Daily Mail

%d bloggers like this: