Chinese Exhibitors and Export Enterprises at the Canton Fair Amid Market Challenges
Tuesday, 5 November 2024, 11:30
Chinese Exhibitors Navigate Tariffs at Canton Fair
The 136th Canton Fair attracted a record number of overseas buyers, yet deals signed only increased slightly by 1%. Chinese exhibitors expressed concerns over tariffs and competition. Export enterprises, particularly from the Pearl and Yangtze River deltas, are adapting strategies.
Emerging Markets and New Trade Routes
Amid rising tariffs, many are turning to Malaysia and South America as potential trade avenues. Exporters highlight the difficulties posed by payment issues in post-war regions while seeking demand for industrial products.
- Record participation of 29,400 export enterprises.
- Over 60% of foreign visitors are from countries within China’s Belt and Road Initiative.
- Adapting to changing global trade dynamics is critical.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.