When the Canton Fair, China’s largest trade show, pulled the curtains down on its 115th session, the tally of deals confirmed what organisers had feared – the country’s exports are continuing to face economic headwinds.
Companies signed $31bn in deals at the show, marking a 13 per cent decline from last spring, as the number of buyers fell from 202,766 to 188,119.
Liu Jianjun, show spokesman, said that the “sluggish performance was due to a slow recovery in traditional markets and a low demand in emerging markets”.
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