Canton Fair Crisis: 80% Drop in EU/US Buyers – Exhibitors in Tears: No Orders, No Hope!

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Channel: China Observer • Sourced: China Observer • Published 8 months ago

Canton Fair Crisis: 80% Drop in EU/US Buyers – Exhibitors in Tears: No Orders, No Hope!

The decline in foreign orders is also evident at the China Import and Export Fair. The China Import and Export Fair, also known as the Canton Fair, is the largest trade exhibition in China and has always been considered a crucial weathervane and indicator of China’s foreign economic activities. It reflects the ups and downs of this massive economic entity.
The Canton Fair opened in mid-October this year, but some exporters have revealed a decreasing trend in European and American customers. Some exporters have openly mentioned the decline in orders.
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