Monday, November 10, 2008

Guangzhou Trade Fair deals fall

China's biggest trade fair has ended in Guangzhou with deals dropping for the first time in five years. Exporters are worried about their survival.











Morethan175,000foreignbuyersvisitedthethree-weekevent-downover8.5percent.



Morethan175,000foreignbuyersvisitedthethree-weekevent-down
over8.5percent.



Contracts signed during the China Import and Export Fair totaled just over 31.5 billion US dollars. That's down 17.5 percent from the April session and nearly 16 percent from a year ago. More than 175,000 foreign buyers visited the three-week event - down over 8.5 percent.



The last time deals took a dive at the fair was in 2003 amid the SARS epidemic.











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