The number of buyers at China’s largest industrial bazaar, where the world’s retailers meet suppliers of everything from electronics to Christmas decorations was down 10 per cent in October, underlining weak Chinese exports and global demand.
Orders at the twice yearly Canton Fair, were also down compared with the spring event, organisers said on Sunday. Orders from Europe fell by about 10 per cent, while orders from Japan dropped almost a third – hit by tension between China and Japan.
The third and final phase of the fair last week featured shoes, clothing, textiles and sporting goods in the gigantic stadium-like arena where the buyers and suppliers of global commerce tested their negotiating wits against each other.
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